PARLIAMENT | 120,926 job seekers from 372,934 registered with the Social Security Organisation (Socso)'s Re-Employment Placement programme during the lockdown period have been re-employed.
Human Resources Minister M Saravanan (above) also said Malaysia's unemployment rate has recorded a downward trend with this month's rate expected to be 4.5 percent.
The official unemployment rate for September was 4.6 percent, meaning 737,500 people were out of jobs.
He was responding to Ahmad Jazlan Yaakub (BN-Machang) who asked about the number of job losses as a result of the conditional movement control order (MCO) enforced since Oct 14 to contain the third wave of Covid-19 outbreak nationwide.
Malaysia has been under various forms of MCOs since March and Saravanan said the impact from business shutdowns to the labour market peaked in May with the highest unemployment rate of 5.3 percent or 826,100 people.
Subsequently, the Tapah MP said unemployment decreased to 4.9 percent (773,200) in June and 4.7 percent (741,600) in July and August.
No unemployment rate was provided for the months of October and November.
Prime Minister Muhyiddin Yassin yesterday revealed that over 50 percent of Employment Insurance Scheme (EIS) claims filed as of Dec 3 were by workers who earned RM2,000 or less a month.
He said the workers, identified as poor and hardcore poor, were among 101,385 retrenched employees who filed claims for compensation from Socso.
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