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A collection of 6 posts

From great resignation to great reimagination

From great resignation to great reimagination

By Lee Yun-Han, Consulting Director of Deloitte Southeast Asia Off the back of COVID-19, the Great Resignation is here to stay—with CEOs ranking a labour and skills shortage as the #1 external issue expected to influence or disrupt their business strategy in the next 12 months. Every nation and

Malaysia: Employment Growth Hit Record High +2.9%yoy 1QCY22

Malaysia: Employment Growth Hit Record High +2.9%yoy 1QCY22

As for 1QCY22, employment growth was at record high of +2.9%yoy (4QCY21: +2.6%yoy) whereas the unemployment contraction rate hit the largest by -12.6%yoy (4QCY21: -8.7%yoy). By age group, the jobless rate for those below 44 declined while above 45 inched up as

From the ‘Great Resignation’ to the ‘Great Adaptation’

Corporate Malaysia

From the ‘Great Resignation’ to the ‘Great Adaptation’

From the ‘Great Resignation’ to the ‘Great Adaptation’ is written by Melissa Norman, Founder and Managing Director, Aisling Group You have probably seen the phrase the “Great Resignation” pop up with shocking regularity over the past few months. After all, 2020 and 2021 are seen as years of unprecedented layoffs

US economy added 428,000 new jobs in April

US economy added 428,000 new jobs in April

Financial Times says the US economy continued to add jobs at a rapid pace last month even as employers struggled with a shortage of workers and demands for higher wages. Non-farm payrolls grew by 428,000 in April, according to data released by the Bureau of Labor Statistics. Nonfarm payrolls

More are self-employed as firms struggle to operate fully

More are self-employed as firms struggle to operate fully

The main takeaway from recently published data on unemployment rate in Malaysia is the number of people who are self-employed as companies are still struggling to reopen or to operate at full capacity. “The high number of own-account workers or self-employed suggests that job opportunities in organisations and businesses may

The need for reskilling and upskilling to stay relevant

The need for reskilling and upskilling to stay relevant

By Prof Dr Pradeep Nair, Deputy Vice-Chancellor and Chief Academic Officer, Taylor’s University The World Economic Forum (WEF) published ‘The Future of Jobs Report’ in 2020, warning that recession and the robot revolution may displace 85 million jobs by 2025. Machines are set to take over information and data