Pandemic Squeeze On Salaries & Wages
Dr Niaz Asadullah, Southeast Asia Lead, Global Labor Organisation
You can share this podcast by copying this HTML to your clipboard and pasting into your blog or web page.
According to the Department of Statistics Malaysia (DOSM), mean salaries and wages fell 9% in 2020 due to the economic effects of the pandemic. Is this downward trend a temporary blip, or could we see long-lasting implications for the Malaysian economy? Labour economist Dr. Niaz Asadullah helps us understand the data better.
Image Credit: EPA-EFE
Produced by: Shazana Mokhtar
Presented by: Shazana Mokhtar, Wong Shou Ning, Philip See
Download the BFM mobile app. Stay at home and stay up-to-date.