From groceries to accommodation rentals, it's tough to make ends meet in Malaysia. With that being said, United Nations Children’s Fund (UNICEF) Malaysia recommends setting the minimum wage for Malaysians at RM2,102, citing the current rate of RM1,500 as insufficient for workers to support themselves and their families.
Which make sense at the moment!
According to their latest report, titled 'Living on the Edge: Longitudinal Study on Post-Covid-19 Impact Assessment Among Low-Income Households in Kuala Lumpur,' factors such as the high cost of living have contributed to many Malaysians’ struggling to meet their basic needs.
The proposed increase aligns with considerations of cost of living, poverty line income, median wage, and productivity, aiming to provide a more sustainable income for workers. This recommendation, although slightly below the living wage of RM2,700 proposed by the Central Bank of Malaysia, aims to address the pressing economic challenges faced by low-income households in the wake of the Covid-19 pandemic.
Source : Astro Awani
Revathi
Thu May 09 2024
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