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Friday, May 8, 2020

MCO leaves over 600,000 jobless

The movement control order has had a heavy impact on businesses nationwide.
PETALING JAYA: The number of unemployed people rose by 17.1% to over 600,000 in March due to the impact of the movement control order (MCO), the Department of Statistics revealed today.
The MCO, enforced on March 18 to contain the Covid-19 pandemic, saw many sectors and services closed before restraints were relaxed under a conditional version this week.
Chief statistician Mohd Uzir Mahidin said about 610,500 were left jobless in the first quarter of 2020, compared to 521,300 in the same period last year.
“The unemployment rate in March 2020 increased to 3.9%. This high unemployment rate was mainly attributed to the adverse impact of the MCO on the labour market,” he said in a statement.

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