BFM 89.9

Podcast  >  Morning Run  >  Morning Brief  >  Pandemic Squeeze On Salaries & Wages

Pandemic Squeeze On Salaries & Wages

Dr Niaz Asadullah, Southeast Asia Lead, Global Labor Organisation

19-Jul-21 07:45

Pandemic Squeeze On Salaries & Wages

According to the Department of Statistics Malaysia (DOSM), mean salaries and wages fell 9% in 2020 due to the economic effects of the pandemic. Is this downward trend a temporary blip, or could we see long-lasting implications for the Malaysian economy? Labour economist Dr. Niaz Asadullah helps us understand the data better.

Image Credit: EPA-EFE

Produced by: Shazana Mokhtar

Presented by: Shazana Mokhtar, Wong Shou Ning, Philip See


Download the BFM mobile app. Stay at home and stay up-to-date.

Tags:  Covid-19salarywagespandemiceconomystatisticsworkersGovernment/Regulatory/Policy MakingIndustrial Goods/ServicesEconomy, MarketsPersonal FinancePolitics, News, Current Affairs


Business
Money
Dan Lain-Lain

Share this podcast




Play / Pause

Listen now : Pick of the Pops (REPEAT): POTP Epi413 - Best Music Memories From...

Today’s Shows



10:00 AM

Pick of the Pops (REPEAT)

POTP Epi413 - Best Music Memories From The 60s to 80s; Patrick Teoh

12:00 PM

Bar None (REPEAT)

Will Gyms Adapt to the Future of Fitness?; Noel Chelliah, Founder, DailyMuscle

1:00 PM

Ringgit and Sense (REPEAT)

Stocks, Funds and ETFs, What's Right For Me?; Danny Wong, CEO, Areca Capital | Stephen Yong, Licensed Financial Planner, Wealth Vantage Advisory

1:30 PM

The Property Show (REPEAT)

September 2021 Legal Property Clinic - Vaccine Mandate Between Tenant And Landlord; Datuk Ringo Low, Ringo Low Associates

2:00 PM

Cruise Control (REPEAT)

A 1990s BMW 3-series E36 is a Worthy Restoration Project

3:00 PM

By the Book (REPEAT)

Bibliography - Stephen King

4:00 PM

The Bigger Picture (REPEAT)

What If the Purpose of Learning… Is Just to Learn?; Chan Soon Seng, CEO, Teach For Malaysia

5:00 PM

TED Radio Hour

6:00 PM

Earth Matters (REPEAT)

​​Hunter/Hunted - Malaysia's Last Tigers; Harun Rahman, Founder/ Director, Nuvista Media Sdn Bhd | Lara Ariffin, Producer; President, Nuvista Media Sdn Bhd; RIMAU

7:00 PM

Take Five (REPEAT)

8:00 PM

The Flow (REPEAT)

9:00 PM

The Selector