Economics Lifestyle

Malaysians getting more concerned with unemployment

TheMole
Written by TheMole

KUALA LUMPUR — June 2, 2020: A survey has shown that Malaysians have been getting more concerned now than a year ago over unemployment, especially with the Covid-19 pandemic and effects on jobs due to the movement control order imposed from March 18.

The findings from the survey by market research company Ipsos found that fears went up to 51 per cent from 12% a year ago. However the respondents were less concerned about corruption and crime.

The survey is conducted monthly in 28 countries via the Ipsos Online Panel system.

Since the pandemic, Ipsos noted that the appetite for big purchases like a car or a house has declined.

The comfort in making major purchases has been on a decline since before Covid-19 and now it is at its lowest point in more than two years, said the survey.

There was also a drop in the comfort level of Malaysians purchasing household items.

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