[ad_1]
THUMB: The starting salary for graduates entering the labor market is expected to be higher in the next three to four months and the country’s economy will recover, said the Prime Minister’s Department (Economy) Minister Datuk Seri Mustapa Mohamed.
He said the government was aware that the salary received by new graduates last year was low and attributed the situation to the Covid-19 pandemic, which negatively affected the country’s economic growth, as well as globally.
“Last year we experienced the worst economic recession in history, so job opportunities were low and, of course, graduates were willing to receive lower wages.
“We want Malaysians to enjoy higher wages and salaries. It is a problem when the starting salary of graduates has not increased in 10 or 20 years, ”he told reporters after visiting the young ginger plantation project in Felda Raja Muda Alias 1 here today.
He said it had been the government’s aspiration to create more quality job opportunities so that newly hired graduates could enjoy a higher salary.
Two days ago, a local website reported that Malaysia’s chief statistician, Dr. Mohd Uzir Mahidin, said that most of the graduates who entered the labor market last year received a monthly salary of between RM1,001 and RM1. 500 compared to the average of RM2.001 to RMB. RM2,500 registered in 2019.
Mohd Uzir said the number of graduates entering the job market also declined last year, as did the labor force participation rate among young graduates.
Meanwhile, Mustapa said that RM 10 million had been allocated for the young ginger cultivation project in the Felda Raja Alias region, out of the RM 100 million allocated by the government to the Federal Land Development Authority (Felda). through the Colonos Development Program (PPP). year.
The project, carried out in cooperation with Agrobank, aims to increase the settlers’ income and reduce the country’s dependence on young ginger imports, including from China.
“We import RM200 million worth of young ginger a year from foreign countries … so, in line with the government’s goal of reducing imports and increasing food security, we encourage farmers to plant young ginger because of its potential for market, “he said.
He said that so far Felda has approved a total of 132 projects through APP with 63 projects undertaken by individuals, while another 69 by cooperatives. -Named
[ad_2]
