KUALA LUMPUR, Nov 14 — Jobs are the lifeline of any economy, helping families put food on the table, generate income and create other job opportunities for our Rakyat.
Throughout my nation-wide travels to gather feedback since I became Finance Minister, jobs have consistently ranked top in our Rakyat’s list of concerns. And while direct aid such as Bantuan Prihatin Rakyat has been a key feature of our pandemic and lockdown response, with debts piling up, the common wish by most Malaysians I met is to get back to work.
In ensuring that graduates are able to get some form of employment, the MOF through Budget 2021 allocated RM2 billion for the Penjana Kerjaya 2.0 scheme, providing hiring incentives of up to 60 per cent of new employees’ salaries for six months; and rewarding employers who upskill their employees. This has benefitted 211,141 workers, exceeding our annual target of 200,000.
But the battle is far from over. Apart from banking on a strong economic rebound after a lengthy pandemic-induced slump, we have raised the bar higher by allocating RM4.8 billion to create 600,000 jobs through the JaminKerja programme in 2022. This includes upping the game for MySTEP, with a target to place 80,000 workers, 60 percent higher than our 2021 target. We will also enhance our efforts through JaminKerja’s RM2-billion hiring incentive programme, to benefit 300,000 jobseekers.
We also need to start looking at entrepreneurship as a job creator. The logic is simple: a person without a degree may not secure a good salary in a traditional job, but he could earn a decent income while building wealth if he started a food or clothing business. Entrepreneurship not only eliminates educational barriers but is also a perfect example for the hadith that says 90 per cent of rizki is derived through entrepreneurship.
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