Plagiarism Scan Report

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Report Genrated Date

13 Nov, 2016

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87% Unique

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4368

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Name: Navindran Pillai Matrix. Id: 163017571 ASSIGNMENT 1 - LABOR FORCE MARKET IN
MALAYSIA Compare the employed and unemployed rate from year 2010 to 2015. Malaysia
Employed Person (Figure 1) Malaysia Unemployment Rate (Figure 2) * source from
www.tradingeconomics.com l Department of Statistics Malaysia Based on Figure 1 and Figure 2 , we
can see that in year 2010 to 2012 the employed person increased by 11500 to 12500 approximately
1000 person although there are constant fluctuations in these 2 years whereas in unemployment
rate the data shows that in year 2010 to 2012 , Malaysia experienced a sharp drop from 3.6% to
3.2% and shoots up 3.7%. The number of unemployment then drop gradually to nearly 2.7% and rose
up to 3.4%. After 2011, the rate fluctuated on a constant basis. Furthermore in 2012 to 2015,
employment rates gradually increased from 12500 to 13750 with a difference of 1250 persons. The
number of employed person increased by 250 from the previous years although Malaysia faced a
quite number of fluctuations. Besides that, the unemployment rate in between 2012 to 2015, had
slight increase to 3.2% and immediate drop to 2.9%. We can see that towards end of 2012, Malaysia
faced a worst drop of 2.7% and had a constant fluctuations till mid of the year 2013. After mid of
2013, the unemployment rate gradually rose up to 3.4% and slope steeply down from 3.3% to 2.7%
in year 2014 to 2015 in difference of 0.6% which consider the worst drop from 2010 to 2015. Gender
employment rate from year 2010 to 2015. Male Employment Rate Aged 15 And Above (Figure 3)
Female Employment Rate Aged 15 And Above (Figure 4) * source from www.tradingeconomics.com l
Department of Statistics Malaysia Based on Figure 3 and Figure 4 , we can compare that in year
2010 male employment rate aged 15 and above scored the highest percentage of 74.5 whereas the
female had the least percentage of 42.3. In year 2011, female employment rate was 42.8% and the
percentage of male employment rate steep down to nearly 73% from 74.5% with a difference of 1.5%.
Furthermore, after 2012 the male employment rate aged 15 and above gradually increase and rose
up to 74.25 on 2014 marking as the second highest percentage in all 4 years whereas the number of
female employment rate was constant percentage of 42.9 for two continuous years and rise up to
43.6% on 2014 and hits the highest percentages in all 4 years. Average salary from year 2010 to
2015. Malaysia Wage (Figure 5) * source from www.tradingeconomics.com l Department of
Statistics Malaysia According to Figure 5, wages in Malaysia in 2010 stated 1816 MYR/Monthly and
had a slight drop on 2011 about 1814 MYR/Monthly. Moreover, wages in Malaysia averaged 2127.75
MYR/Monthly from 2012 to 2015 and stated a highest record of 2312 MYR/Monthly in 2015. Opinion
on Malaysia progress to be developed country in 2020 or 2050. First and foremost, as a progress to
developed country first thing comes to mind is Vision 2020 also known as Wawasan 2020 which
initiated by Tun Dr. Mahathir Mohamad. Since then it became outlined Malaysias goals in becoming
a developed country. Vision 2020 mainly emphasises on enhancement of life quality, governmental
system, spiritual values and national pride. As we know there are nine key challenges in Vision 2020
which are : Next in the list we can say that is Malaysia economically challenged, in 2010 at the

Perdana Leadership Foundation's CEO Forum, Tun Dr. Mahathir Mohamad pin point the economic
crises that hit the nation in 1997 and 2008. It was a major setback and bring to an abrupt stop
progress in achieving Vision 2020. He also emphasise that the government to focus stimulating
Domestic Direct Investments (DDI) instead of courting Foreign Direct Investments (FDI). He
acknowledged FDI has helped the country grow in the 80s and 90s, but argued that the situation has
now changed. Tun Dr. Mahathir Mohamad reiterated to focus on FDI during that period (80s and
90s) played a major part on why we aren't progressing as much as we would have liked today. We at
that time offered labour and resources at a much low cost, and this turned Malaysia into a country
that specialises in labour-intensive activities. Overtime, this had caused other countries that are
focusing on innovation to out-leap us with technological prowess and their cutting-edge financial
sectors.

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