BNM: Unemployment rate to exceed 4% in 2Q20
Published on 13 May 2020 8:03:45 PM
Bank Negara governor Datuk Nor Shamsiah Mohd Yunus says labour market conditions are expected to worsen in the second quarter of this year (2Q20), with the unemployment rate exceeding above 4% as companies take drastic measures to cut cost amid movement control order and weak demand.
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Bank Negara governor Datuk Nor Shamsiah Mohd Yunus says labour market conditions are expected to worsen in the second quarter of this year (2Q20), with the unemployment rate exceeding above 4% as companies take drastic measures to cut cost amid movement control order and weak demand.
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