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Wednesday, July 15, 2020

Umno info chief calls for federal job guarantee programme

Malaysiakini

Umno information chief Shahril Hamdan has called for the establishment of a federal job guarantee programme to combat the unemployment issue.
Taking to Twitter on the matter, he said that not enough had been done to tackle the problem.
"No, we haven't (done enough). I want a federal job guarantee programme.
"There are 10 excuses not to do it but I'm looking for allies who will join me in talking about the one reason we should - it would work better than any other plan," tweeted Shahril (above).
The Umno Youth deputy chief had recently called for a key mindset shift for the government to anchor onto employment and household income instead of gross domestic product as well as to prioritise jobs.
In June, Prime Minister Muhyiddin Yassin had said that the government would allocate RM9 billion to tackle the rising rate of unemployment and ensure job sustainability during the national recovery period post-Covid-19.
He said the allocation would benefit 3 million workers in the country when he unveiled the National Economic Recovery Plan (Penjana). 
Muhyiddin (below) said this included extending the wage subsidy programme introduced in the Prihatin Rakyat Economic Stimulus Package (Prihatin) and Prihatin additional packages with an extra RM5 billion.
He added that under this programme, employers will be given financial aid through two incentives to provide jobs to the unemployed and youths.
”The first is to hire people under the age of 40 at RM800 a month for every employee, while the second is incentives for employing people above the age of 40 and the disabled, at RM1,000 a month,” he said.
The prime minister also announced that those who lost their jobs can claim training allowance of up to RM4,000 even if they are not contributors to the Employment Insurance Scheme.
Last month, Lee Hwok Aun, a senior fellow and co-coordinator at ISEAS-Yusof Ishak Institute in Singapore, conducted an analysis based on figures released by the Statistics Department, which indicated that high unemployment figures among young Sabahans and Indians were a cause for concern.
The academic pointed to structural problems deriving from low quality of education, skills mismatch, and low-quality jobs.
Lee said those factors had stressed labour markets in recent years, and he warned that there are trends in certain sectors that could be compounded by an imminent recession sparked by the Covid-19 pandemic.
"Malaysia’s youth unemployment vastly exceeds the other age groups. In 2019, unemployment rates were 14.4 percent for 15 to 19-year-olds, 9.5 percent for 20 to 24-year-olds, 3.8 percent for 25 to 29-year-olds, and under 2 percent for all other age groups," he said. - Mkini

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