Younger workers feeling 'left behind', World Bank says

Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail said the cost of living is a concern which extends beyond prices.          

KUALA LUMPUR: Slowing income growth among lower-income households and younger workers has contributed to perceptions of being “left behind”, according to the World Bank’s Malaysia Economic Monitor.

The 21st edition of the report, which was launched here on Monday, pointed out although median incomes continue to outpace inflation, income growth rates for low-income Malaysians slowed between 2014 and 2016.