Summary
Modest Labour Recovery – highlights the key insights of the Malaysian labour market performance and outlook in connection to economic growth for the fourth quarter of 2020. The perspectives act as a labour market guide and provide complementary information to policy makers, businesses, academics and the public through labour market monitoring and empirical analyses. It directly and indirectly provides advice and recommendations for policy- and decision-makers on forward-looking labour market interventions. Both the labour market information (LMI) derived based on administrative data that are maintained by the Office of Employment Insurance System, Social Security Organisation (SOCSO) and the survey-based data collected by the Department of Statistics Malaysia (DOSM) are utilised in the empirical assessments.
