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KUALA LUMPUR: The unemployment rate has been falling since June after the government reopened economic sectors that were forced to close due to the movement control order, said today Human Resources Minister Datuk M. Saravanan, the Dewan Rakyat.
He said that with the incentives established by the government since the recovery movement control order (RMCO) should cause the unemployment rate to continue to fall in 2021.
“The unemployment rate reached 5.3% in May, with 821,100 people out of work, which was the highest and in July it fell to 4.7%.
“It stayed at that level until August, before dropping further in September to 4.6% and is forecast to drop further to 4.5% this month and this should continue into next year,” he said in response to a question from Datuk Ahmad. Jazlan Yaakub. (BN-Machang).
Ahmad Jazlan had asked about the measures taken by the government to ensure that incentives such as the wage subsidy were effective.
Saravanan said the government had introduced programs like MYFutureJobs to help people find jobs.
He said previous government initiatives also helped protect jobs and reduce the unemployment rate.
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