Analysis of Stable Employment Impact on Malaysia's Private Consumption
Friday, 12 July 2024, 00:01
Stable Employment Impact on Private Consumption
The research by HLIB emphasizes the importance of Malaysia's stable employment in supporting private consumption. Sustained wage growth in the services and manufacturing sectors plays a crucial role.
Key Findings:
- Stable employment: Provides continued support to private consumption
- Wage growth: Sustained in services and manufacturing sectors
The study underscores the positive impact of these factors on consumer spending, highlighting the steady economic growth trajectory.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.