PM must act now to save businesses, jobs

PM must act now to save businesses, jobs - Hello loyal readers FeedGoogle, In the article you are reading this time with the title PM must act now to save businesses, jobs, We have prepared this article well for you to read and take information in it. hopefully the contents of the post Article Malaysians, what we write you can understand. Alright, happy reading.

MP SPEAKS | The Department of Statistics (DOSM) reported that the unemployment rate increased to 4.8 percent for June as compared to 4.5 percent in May, highlighting how livelihoods are crushed after the serial failures of the movement control orders (MCOs) and emergency proclamation to contain the Covid-19 pandemic. Clearly, the Perikatan Nasional (PN) government will once again miss its target unemployment rate of 3.5 percent for this year.Of concern is that the youth unemployment rate for those aged 15 to 30 increased to 9.4 percent compared to 9.2 percent in May. DAP reiterates our call for welfare assistance to be increased to RM1,000 monthly, including for the unemployed, to help their families survive. Clearly, there is a need for an immediate allocation of RM6 billion to create 300,000 new jobs, offering hiring incentives to employers of at least RM300 per month and wa…