Unemployment rate in Malaysia: Does Okun’s Law & Philips curve exist?

• Main Authors: Cherylad Jikunan, Siti Hajar Samsu, Beatrice Lim Fui Yee
• Format: Proceedings
• Language: English; English
• Published: Universiti Malaysia Sabah 2021
• Subjects: HD5701-6000.9 Labor market. Labor supply. Labor demand Including unemployment, manpower policy, occupational training, employment agencies
• Online Access: https://eprints.ums.edu.my/id/eprint/31476/1/Unemployment%20rate%20in%20Malaysia%2C%20Does%20Okun%E2%80%99s%20Law%20%26%20Philips%20curve%20exist-ABSTRACT.pdf; https://eprints.ums.edu.my/id/eprint/31476/2/Unemployment%20Rate%20in%20Malaysia%2C%20Does%20Okun%E2%80%99s%20Law%20%26%20Philips%20Curve%20Exist.pdf; https://eprints.ums.edu.my/id/eprint/31476/; https://drive.google.com/file/d/1fEDZliMTjTzkjDwn3BF86-eXNMa8Gnc5/view?usp=sharing

Malaysia is on the track of becoming a developed country towards 2020. However, to achieve such target is not easy. Malaysia is expecting to reach the unemployment rate of 2.8% in the year 2020. Hence, the objective of this study is to examine determinants of unemployment rate in Malaysia from the y...