625,000 jobs will be created 2008-2010 for Malaysia

During the remaining Ninth Malaysia Plan (9MP) period from 2008-2010, there will be a total of 625,000 new jobs for professionals, non-skilled and skilled workers. The Economic Planning Unit (EPU) of the Prime Minister's Department said that they are expecting a high demand for knowledge workers in the coming years. The demand will then be met by improving the quality of education, training, as well as expansion of employment in the business sector.

The plan also include the revision of the wage method, improvements in facilities, and providing better benefits for the local talents. The government will also assess and evaluate existing labor laws and strategies associated with employment.

The contribution of women in the working society will also be increased to 50 percent in 2010 from 46.1 percent in 2007, said EPU.

The good news is, the joblessness rate dropped from 3.5 percent in 2005 to 3.2 percent in 2007 and employment in the country and abroad continues to rise.

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