Stop waitting to get Fired! 2.4 Million Malaysians Are Going To lose Their Job

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Our GPD is Droping Again!

As another article we wrote before this showed, the economic impact of Covid-19 and therefore the movement control order (MCO) is predicted to decrease Malaysia’s real gross domestic product (GDP) growth to -2.9% for 2020, relative to 2019, says the Malaysian Institute of Economic Research (MIER).

2.4 Million Malaysians Are Going To lose Their Job

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PETALING JAYA (March 25, 2020): The Malaysian Institute of Economic Research (MIER) estimates that around 2.4 million Malaysians could lose their jobs thanks to the Covid-19 crisis if the movement control order (MCO) is extended for an additional fortnight.

In a report on the economic impact of the virus’ outbreak, the think tank said the 2.4 million would mainly carries with it non-salaried jobs while unskilled workers would form up 67% of the figure.

As today, we all know it is another additional two weeks for us!

The unemployment percentage has been stable at around 3.3% to 3.4% during the last four years, from 2016 to 2019. But because of the Covid-19 pandemic this year, Malaysia's unemployment rate is predicted to increase to 4% this year, from 3.3% in 2019, said Bank Negara Malaysia (BNM).

BNM expects the labour market to be significantly weaker and therefore the unemployment rate to increase to about 4% in 2020. as compared, during the worldwide financial crisis, our unemployment rate was at 3.7% in 2009, while during the Asian financial crisis in 1998, the percentage was at 3.2%,” BNM assistant governor Marzunisham Omar told a virtual news conference on 3 April.

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46.6% of Self-Employed Had Losing Their Jobs

digital marketers malaysia

PUTRAJAYA: A survey has found that 46.6 per cent of self-employed respondents had reported losing their jobs following Covid-19 and therefore the Movement Control Order (MCO) being enforced.

The findings of the survey also showed that the agriculture and services sectors recorded the very best percentage of job losses as compared to other sectors.

Chief Statistician Malaysia Datuk Seri Dr Mohd Uzir Mahidin said the findings of the special survey showed that the agriculture and services sectors recorded the very best percentage of job losses as compared to other sectors thanks to Covid-19, with 21.9 per cent and 15.0 per cent respectively.

The first round of the consequences of Covid-19 Survey on Economy and Individuals was conducted by the Department of Statistics Malaysia (DOSM) via online from March 23 until March 31.

A total of 168,182 respondents aged 15 years and above participated in the survey.

The survey also found that an estimated 9 out of 10 respondents were still working with less than usual salaries.

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Stop Waiting For Lossing Your Job? Let's Getting New Skill to Survive

digital marketers malaysia

Digital marketing is the hottest industry, giving plenty of opportunities to anyone and everybody. Today, we’ll discuss everything you would like to understand and choose why do you have to learn Digital Marketing!

This thing does matter if you're within the market or getting to step in there. It doesn’t matter whether you're a business owner, fresher, job seeker, a marketing professional, or simply a student, you actually got to realize it and this text is for you.

So, we all know that digital marketing is advertising or promotions of products and services using digital platforms.

With the constant increase of internet users across the world, the amount of online-based/ web-based industries is increasing at an excellent speed. This involves the necessity for Digital Marketing.

Technology, well again continues to drive business within the 21st century and mastery of Digital Marketing techniques may be a must known pre-requisite. Well, you're conscious of the term Digital Marketing as a medium to market your product and your business.

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Other than these obvious reasons, there are few other reasons that you simply just cannot ignore and make excuses that why you can't do a course in digital marketing.

1. Short Term Course– Digital marketing courses are the smallest amount of time taking. you'll enrol yourself in 3 months program, where you invest just 3-4 hours each day. 

2. Many digital marketing institutes also organize free seminars and workshops on different subjects. (Join Our Free Digital Talent Program)

3.Affordable– Unlike other degree programs, digital marketing courses are quite affordable. Can do online and offline- there's a variety of options available as per your requirement. If you don’t want to try to classroom training, attend online classes.

So these were the highest reasons why you want to do a course during a digital marketing course. If you continue to not convinced then inspect the scope of digital marketing and if you begin to consider it and need to understand more inspect our post on the career in digital marketing.

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