Malaysian Economic Transformation Programme (ETP) and pattern of job flows in manufacturing sector: 2005-2015

Economic transformation is vital for a country. In addition to helping to boost the economy, economic restructuring also affects market workers especially in terms of unemployment. However, the unemployment rate in Malaysia at an average of 3 per cent annually reflects that the restructuring has not...

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Autori principali: Samsi, Aznita, Abdullah, Norehan, Lim, Hock Eam
Natura: Articolo
Lingua:English
Pubblicazione: Advanced Scientific Research 2020
Soggetti:
Accesso online:https://repo.uum.edu.my/id/eprint/27783/1/JCR%207%205%202020%20144%20150.pdf
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author Samsi, Aznita
Abdullah, Norehan
Lim, Hock Eam
author_facet Samsi, Aznita
Abdullah, Norehan
Lim, Hock Eam
author_sort Samsi, Aznita
collection UUM
description Economic transformation is vital for a country. In addition to helping to boost the economy, economic restructuring also affects market workers especially in terms of unemployment. However, the unemployment rate in Malaysia at an average of 3 per cent annually reflects that the restructuring has not to affect labour. Therefore, this study aims to study the pattern of job flow due to economic transformation undertaken by the Malaysian government in 2010. Descriptive analysis shows that there exists job reallocation in the Malaysian manufacturing sector from 2005 to 2015, and it was dominated by the pattern of job creation rather than job destruction, for the whole manufacturing sector or at the technological level. Based on the results of this study, this paper proposes the Malaysian government and policymakers to consider other methods, as well as the unemployment rate to analyse the labour market performance. This study proposes the use of job flow method as one of the labour market indicators in the economy.
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spelling uum-277832020-10-22T06:26:28Z https://repo.uum.edu.my/id/eprint/27783/ Malaysian Economic Transformation Programme (ETP) and pattern of job flows in manufacturing sector: 2005-2015 Samsi, Aznita Abdullah, Norehan Lim, Hock Eam HC Economic History and Conditions Economic transformation is vital for a country. In addition to helping to boost the economy, economic restructuring also affects market workers especially in terms of unemployment. However, the unemployment rate in Malaysia at an average of 3 per cent annually reflects that the restructuring has not to affect labour. Therefore, this study aims to study the pattern of job flow due to economic transformation undertaken by the Malaysian government in 2010. Descriptive analysis shows that there exists job reallocation in the Malaysian manufacturing sector from 2005 to 2015, and it was dominated by the pattern of job creation rather than job destruction, for the whole manufacturing sector or at the technological level. Based on the results of this study, this paper proposes the Malaysian government and policymakers to consider other methods, as well as the unemployment rate to analyse the labour market performance. This study proposes the use of job flow method as one of the labour market indicators in the economy. Advanced Scientific Research 2020 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/27783/1/JCR%207%205%202020%20144%20150.pdf Samsi, Aznita and Abdullah, Norehan and Lim, Hock Eam (2020) Malaysian Economic Transformation Programme (ETP) and pattern of job flows in manufacturing sector: 2005-2015. Journal of Critical Reviews, 7 (05). pp. 144-150. ISSN 23945125 http://doi.org/10.31838/jcr.07.05.24 doi:10.31838/jcr.07.05.24 doi:10.31838/jcr.07.05.24
spellingShingle HC Economic History and Conditions
Samsi, Aznita
Abdullah, Norehan
Lim, Hock Eam
Malaysian Economic Transformation Programme (ETP) and pattern of job flows in manufacturing sector: 2005-2015
title Malaysian Economic Transformation Programme (ETP) and pattern of job flows in manufacturing sector: 2005-2015
title_full Malaysian Economic Transformation Programme (ETP) and pattern of job flows in manufacturing sector: 2005-2015
title_fullStr Malaysian Economic Transformation Programme (ETP) and pattern of job flows in manufacturing sector: 2005-2015
title_full_unstemmed Malaysian Economic Transformation Programme (ETP) and pattern of job flows in manufacturing sector: 2005-2015
title_short Malaysian Economic Transformation Programme (ETP) and pattern of job flows in manufacturing sector: 2005-2015
title_sort malaysian economic transformation programme etp and pattern of job flows in manufacturing sector 2005 2015
topic HC Economic History and Conditions
url https://repo.uum.edu.my/id/eprint/27783/1/JCR%207%205%202020%20144%20150.pdf
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