KUALA LUMPUR: Signs of financial distress in the country are getting more prevalent and clearer as the COVID-19 impact bites deeper into Malaysia’s economy, resulting in rising unemployment and shrinking incomes.
The Department of Statistics Malaysia’s May 2021 data showed that the jobless rate was at 4.5 per cent, involving over 728,000 workers, although it dropped marginally from 4.6 per cent in April 2021.
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