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Through the JaminKerja initiative, there will be 600,000 job opportunities — an increase of 100,000 over the government's target in 2021.
Malaysia's government will continue to focus on "lowering the unemployment rate" by providing more employment opportunities, as well as on efforts to "revive the economic sectors" affected by the COVID-19 pandemic through the Jamin Kerja Keluarga Malaysia (JaminKerja/Job Guarantee Programme - Employment Incentives) initiative, said Minister for Finance, Zafrul Abdul Aziz, on Sunday (13 February 2022).
According to Bernama's report, Minister Zafrul shared this during his visit to the Kota Kinabalu Urban Transformation Centre (UTC). The Minister added that the commitment, among others, could be seen through the aforementioned initiative that would provide 600,000 job opportunities involving an allocation of RM4.8bn, which will be launched by Prime Minister Ismail Sabri on 19 February 2022 (Saturday).
Related: Malaysia's Budget 2022: Key takeaways for employers and HR to note
"Through the Department of Statistics Malaysia, we have recorded a drop in the unemployment rate in December 2021 to 4.2%, compared to 4.3% in November," Minister Zafrul was cited as saying.
"We know job creation is the foundation of economic recovery and that is why job creation is one of the main priorities in the budget. In Budget 2021, the government had targeted creating 500,000 jobs and Alhamdulillah, we have achieved that target. This year, in the spirit of the job guarantee concept, the Prime Minister will launch the programme to provide 600,000 jobs, an increase of 100,000 over the target in 2021."
The Minister also reminded that the government "has continued" the Malaysia Short-term Employment Programmes (MySTEP) initiative, which will see 80,000 contract employment opportunities covering 50,000 jobs offered within the public sector, and 30,000 jobs within Government Linked Companies from January 2022. This was first brought up in the Malaysia Budget 2022 speech.
ICYMI: Total number of jobs in Malaysia's economic sector grew by 73,600 in Q4 '21
Image / Minister for Finance Zafrul Aziz's Facebook
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