Unemployment up to 3.5% in Q1

Minister Mohamed Azmin Ali says this reflects the severity of the Covid-19 pandemic. FMTNews MCO Covid19 AzminAli

The partial lockdown to curb the spread of Covid-19 had a negative effect on businesses which were forced to close down for months.

“In this regard, I would like to reiterate that our incremental measures in dealing with the pandemic leading to this latest stage – the recovery MCO – have borne productive results,” he added.Labour productivity performance meanwhile grew by 2.2% last year compared to 3.4% in 2018. He said significant productivity growth was recorded in the professional services and tourism sectors.

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