ALOR GAJAH: The country's unemployment rate continues to show a falling trend, with 3.5 per cent recorded in the first quarter of 2023 compared to 3.6...
: The country's unemployment rate continues to show a falling trend, with 3.5 per cent recorded in the first quarter of 2023 compared to 3.6 per cent in the fourth quarter of 2022, said Human Resources Minister V. SivakumarAccording to him, this is due to a significant shift in job-seeking trends, especially among the youth recently. At the same time, there were various initiatives being implemented by the government to assist job seekers aged 40 and above.
He added that data from the MYFutureJobs Portal showed that 455,350 job seekers nationwide have been successfully placed in various sectors from 2022 until September 2023. Commenting further, Sivakumar said Human Resources Ministry with other agencies including the Social Security Organisation , will make more efforts to reduce youth unemployment rates.
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