Daily HR News 19.11.2024
1. Minister disputes claim on increase of tertiary-educated workers in low-skilled jobs
Human Resources Minister Steven Sim disputed claims of a 100,000 rise in underemployment among tertiary-educated workers in Q3 2024, clarifying the increase was only 10,000. The underemployment rate stood at 36.8%, slightly improving from 37.3% in Q3 2023. Sim emphasized government efforts to tackle underemployment, including initiatives like MYFutureJobs, TVET programs, and collaborations with industries to improve employment prospects.
2. Fahmi hopes tying EPF to government funding will broaden safety net for entertainment workers
Communications Minister Fahmi Fadzil hopes an initiative tying EPF contributions to government-funded projects will enhance social protection for Malaysia's creative workers. Currently, only 6% of the 70,000 creative industry workers are enrolled in EPF. The plan aims to include all workers, freelancers and full-time, in EPF schemes, providing long-term financial stability and security for those in film and other creative sectors.
3. Prioritise employment of Sabahans, Minister tells state assembly
Sabah's Industrial Minister Datuk Phoong Jin Zhe urged factories and industries to prioritize local hiring, with a minimum 80% of positions reserved for Sabahans. He emphasized the policy aims to reduce reliance on non-local workers and address unemployment, which stands at 7.9%. Phoong noted that some projects bypassed local leaders, hiring workers from outside Sabah, including foreign workers.
4. 620,000 Malaysian jobs across 10 sectors at high risk of displacement by advancement of AI, digital tech and green economy, says TalentCorp study
A study by TalentCorp Malaysia reveals that 620,000 jobs in 10 key sectors are at risk due to AI, digital technology, and the green economy, requiring workers to reskill or pivot roles. These sectors, contributing 60% of Malaysia's GDP, will see 18% of jobs highly impacted in the next 3-5 years. The study identifies 60 emerging roles, primarily in AI, digitalization, and the green economy.
Source: https://theedgemalaysia.com/node/734414
5. In Dewan Rakyat today: Nafas controversy, underemployment, KLIA congestion
Today's Dewan Rakyat session in Malaysia will focus on several key issues. These include the congestion at Sultan Iskandar Building (BSI) and KLIA, the employment of tertiary-educated workers in low-skilled jobs, the National Farmers Organisation (NAFAS) controversy, and concerns regarding the East Coast Expressway Phase 3 (LPT3). Members of Parliament will also address topics like medicine procurement, agricultural training targets, and the development of local production capacity for medicines. The session will run until December 12.