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Pandemic Squeeze On Salaries & Wages

Dr Niaz Asadullah, Southeast Asia Lead, Global Labor Organisation

19-Jul-21 07:45

Pandemic Squeeze On Salaries & Wages

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


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Tags:  Covid-19salarywagespandemiceconomystatisticsworkersGovernment/Regulatory/Policy MakingIndustrial Goods/ServicesEconomy, MarketsPersonal FinancePolitics, News, Current Affairs


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