BFM Podcast

Pandemic Squeeze On Salaries & Wages

Tan KW
Publish date: Mon, 19 Jul 2021, 02:20 PM
Pandemic Squeeze On Salaries & Wages

19-Jul-21 07:45

Dr Niaz Asadullah, Southeast Asia Lead, Global Labor Organisation

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

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