{"id":20078,"date":"2021-03-22T15:25:06","date_gmt":"2021-03-22T07:25:06","guid":{"rendered":"https:\/\/www.therocket.com.my\/en\/?p=20078"},"modified":"2021-03-22T16:08:03","modified_gmt":"2021-03-22T08:08:03","slug":"unsubstantiated-claims-that-malaysias-unemployment-rate-to-stabilise","status":"publish","type":"post","link":"https:\/\/www.therocket.com.my\/en\/unsubstantiated-claims-that-malaysias-unemployment-rate-to-stabilise\/","title":{"rendered":"Unsubstantiated claims that Malaysia\u2019s unemployment rate to stabilise"},"content":{"rendered":"\n

Press statement by MP for Ipoh Barat, M. Kula Segaran on 22 March 2021:<\/strong><\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

I refer to Datuk Seri Mustapa Mohamed\u2019s statement<\/a> that the country\u2019s unemployment rate is expected to be more stable by the middle of the year. He goes on to say \u201cit is hoped that the situation will improve\u201d.<\/p>\n\n\n\n

As a sitting Minister, I find that it is utterly irresponsible. It is no point to tell the media that you hope for something when you are now in a position to make things happen.<\/p>\n\n\n\n \n\n\n\n

\"\"
Malay Mail<\/a> article screenshot on Mutapa\u2019s statement.<\/em><\/figcaption><\/figure><\/div>\n\n\n\n \n\n\n\n

Please Mr Minister, leave the hoping to the average Malaysian, who some of us are at our wits\u2019 end when it comes to our economy and job creation. As a Minister, you provided no solution to how the unemployment was going to improve, just your hope.<\/p>\n\n\n\n

What basis did you make the conclusion that the situation will stabilise?<\/p>\n\n\n\n \n\n\n\n

Let me provide basis in which I conclude the Perikatan Nasional government has failed.<\/h4>\n\n\n\n \n\n\n\n

According to DOSM, In January 2021, the youth unemployment rate for aged 15 to 24 years continued to increase by 0.3 percentage points to 13.5 per cent month-on-month. Similarly, the youth unemployment rate<\/a> for aged 15 to 30 years went up by 0.5 percentage points to 9.2 per cent as compared to December 2020: 8.7%. <\/p>\n\n\n\n

Mr Minister, according to DOSM unemployment is still growing. As per January 2012<\/a>, there is a slight increase in unemployment at 4.9% or 782,500 Malaysians. <\/p>\n\n\n\n \n\n\n\n

\"\"
For illustrative purposes.<\/em><\/figcaption><\/figure><\/div>\n\n\n\n \n\n\n\n

To make matters worse, the incompetence of the Perikatan Nasional government has cause Malaysia to fall behind in regional competition for FDIs.<\/p>\n\n\n\n

Foreign direct investment (FDI) in Malaysia fell 56% to US$3.4 billion in 2020. Until today there has been no concrete plan to overcome this, so how will new jobs be created?<\/p>\n\n\n\n

Perhaps Mustapa Mohamed should do less hoping and instead formulate better policies to create new jobs to boost employment, until then, Malaysians will be cautious with their expectations.<\/p>\n\n\n\n

M. Kula Segaran<\/strong>
MP for Ipoh Barat
DAP National Vice-Chairman
Former Human Resources Minister
<\/p>\n","protected":false},"excerpt":{"rendered":"

Press statement by MP for Ipoh Barat, M. Kula Segaran on 22 March 2021: I refer to Datuk Seri …<\/p>\n","protected":false},"author":4,"featured_media":20085,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,260,274],"tags":[120,572,876,901,630,1569,1568,471,1570,904,1567],"class_list":["post-20078","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cover-story","category-current","category-national","tag-dap","tag-hope","tag-hr-minister","tag-m-kula-segaran-2","tag-minister","tag-minister-econony","tag-mustapa-mohamed","tag-pn","tag-solutions","tag-unemployment","tag-unemployment-rate"],"_links":{"self":[{"href":"https:\/\/www.therocket.com.my\/en\/wp-json\/wp\/v2\/posts\/20078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.therocket.com.my\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.therocket.com.my\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.therocket.com.my\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.therocket.com.my\/en\/wp-json\/wp\/v2\/comments?post=20078"}],"version-history":[{"count":3,"href":"https:\/\/www.therocket.com.my\/en\/wp-json\/wp\/v2\/posts\/20078\/revisions"}],"predecessor-version":[{"id":20090,"href":"https:\/\/www.therocket.com.my\/en\/wp-json\/wp\/v2\/posts\/20078\/revisions\/20090"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.therocket.com.my\/en\/wp-json\/wp\/v2\/media\/20085"}],"wp:attachment":[{"href":"https:\/\/www.therocket.com.my\/en\/wp-json\/wp\/v2\/media?parent=20078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.therocket.com.my\/en\/wp-json\/wp\/v2\/categories?post=20078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.therocket.com.my\/en\/wp-json\/wp\/v2\/tags?post=20078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}