A recent survey by recruitment company JobStreet has revealed up to 20 % of respondents have been retrenched, amid the ongoing of COVID-19 Pandemic this year.
Survey conducted in May 2020, and involving of 5,000 participants, indicated that one in five Malaysians who were previously working have lost their jobs due to COVID-19 pandemic.
It also revealed that more than two million Malaysians are expected to end up unemployed.
"Thirty-Five per cent of Malaysians have experienced a salary reduction of more than 30% during the Movement Control Order (MCO) period," reported by JobStreet country manager Gan Bock Herm in a statement.
He added that 54% of the survey's respondents are actively searching and applying for jobs, despite the uncertainty.
In spite of the grim outlook, several sectors in Malaysia are still actively looking for employees, which include computer and information technology, manufacturing and production, banking and financial services, retail and merchandise, as well as healthcare and medicine.
"There are more job searches in Malaysia today, with over 74 million searches on Google in March, an increase by 13% before COVID-19 Pandemic struck and 16% more than compared to the same period in year 2019.
"In addition to the over 5 million searches on Google for career advice, JobStreet ended up being directly searched for wen searching for a jobsite platform 80% of the time"- Gan reported.
@ Jackie San