Malaysia: Selected Issues

March 7, 2018

Preview Citation

Format: Chicago

Malaysia: Selected Issues, (USA: International Monetary Fund, 2018) accessed November 21, 2024

Summary

This Selected Issues Paper presents an overview of the Malaysian labor market. Malaysia’s economy and its labor market have undergone significant shifts in the last three decades. The labor market is now more urban and has a higher share of female workers and workers with tertiary education. Employment has kept pace with labor supply, keeping the unemployment rate stable for more than a decade. Meanwhile, reliance on noncitizen workers has also increased against the backdrop of slower growth in citizen population. Continuing with its economic transformation, Malaysia aspires to achieve high-income status, with a labor market that is ready for the economy of the future: a market that can support more female workers, more skilled jobs, and a higher labor productivity growth.

Subject: Employment, Gender, Gender diversity, Labor, Labor force, Labor force participation, Wages

Keywords: Accumulation equation, Baseline debt projection, CR, Debt target, Deficit, Deficit target, Employment, GDP, Gender diversity, Global, IMF staff calculation, ISCR, Labor force, Labor force participation, Malaysia, Monetary policy buffer, Wages, Worker

Publication Details

Pages:

27
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2018/062
Stock No:

1MYSEA2018002
ISBN:

9781484345092
ISSN:

1934-7685

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