Tag: unemployment rate Malaysia
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Malaysia’s INCREASING unemployment rate in January 2021 vs December 2020. Is it looking bad?
Important. Unemployment rate determines the economic outlook of a country. When more people lose their jobs, we would soon see many more people stop paying for their loans. When more people stop paying for their loans, then we would see even more financially distressed people and there would be some desperate selling of their assets.…
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Of lower unemployment number and higher GDP recovery
High unemployment is not good. Lower unemployment numbers are good. No jobs, no money. No money, no recovery. No recovery definitely cannot buy property. Thus, a lower unemployment number will mean higher the recovery that we could expect for the economy. ONLY if the economy is moving that people could spend more. Only when we…