The biggest concern is about the future of the physical labour market in
which the physical power of the human is needed. These industries suffer a lot from Corona. Many people lose their jobs, and they are now
looking for new jobs. It also increases the unemployment rate in the
As in Malaysia, many people comes from the south Asian and African
countries as physical labour, so they also lose their jobs, and it's another
drastic effect of the Coronavirus on the Malaysian job market.
Job market before Covid-19
Before the Coronavirus, the job market in Malaysia was flourishing and
was well on its way towards making new records. The business sector
was growing, and it was producing new job opportunities before the virus.
The labour force is an integral part of the Malaysian job market, which
primarily consists of people from third world countries. The labour
force's growth rate was 1.7 % per year, and this increase leads the labour force participation rate to 68.8%. This increase in the labour force
was before the arrival of Coronavirus, and this force was mainly work in
the construction and product companies where the physical power of
the man is an essential part of the work.
Before Coronavirus, the private sector, which is an important stakeholder in the Malaysian job market, was also showing progress. In every developed country private sector helps a lot to decrease the unemployment rate by expanding their business and creating more job opportunities. The private business sector was doing the same thing. It was expanding and opening its business in different cities, and as a result, a lot
of job opportunities produce.