Volatility in Malaysian skilled labour market: Evaluating manufacturing sector
Labour, capital, natural resources and entrepreneurship are the primary factors that contribute to and influence economic growth in a country.These components are all used to produce a country's Gross Domestic Product, or total output of goods and services.Without all four components, a country...
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my.uum.repo.160962016-04-18T02:37:48Z http://repo.uum.edu.my/16096/ Volatility in Malaysian skilled labour market: Evaluating manufacturing sector Baluch, Nazim Hussain Abdullah, Che Sobry Mohtar, Shahimi HD28 Management. Industrial Management Labour, capital, natural resources and entrepreneurship are the primary factors that contribute to and influence economic growth in a country.These components are all used to produce a country's Gross Domestic Product, or total output of goods and services.Without all four components, a country would have no business and industry to meet the wants and needs of its people; and by augmentation, minimal economic activity and growth.Malaysian Institute of Economic Research has highlighted skilled labour shortage as one of the main factors behind Malaysia’s slower economic growth forecast for 2011-2012 on account of ongoing structural weaknesses in Malaysia.Weaknesses in skilled labour market hinder economic growth and impede flow of Foreign Direct Investment to Malaysia; hence, it is crucial to transform Malaysia's labour profile from one of non-skilled and semi-skilled to a highly skilled and professional work force.This paper discusses the Malaysian Skilled Labour Market Digressions, highlights the factors that cause skilled labour market volatilities, and offers possible solutions to bridge the theory and practice gap in the manufacturing sector. IISTE 2013 Article PeerReviewed application/pdf en cc_by http://repo.uum.edu.my/16096/1/10.pdf Baluch, Nazim Hussain and Abdullah, Che Sobry and Mohtar, Shahimi (2013) Volatility in Malaysian skilled labour market: Evaluating manufacturing sector. European Journal of Business and Management, 5 (6). pp. 166-174. ISSN 2222-1905 http://iiste.org/Journals/index.php/EJBM/article/view/4697 |
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HD28 Management. Industrial Management Baluch, Nazim Hussain Abdullah, Che Sobry Mohtar, Shahimi Volatility in Malaysian skilled labour market: Evaluating manufacturing sector |
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Labour, capital, natural resources and entrepreneurship are the primary factors that contribute to and influence economic growth in a country.These components are all used to produce a country's Gross Domestic Product, or total output of goods and services.Without all four components, a country would have no business and industry to meet the wants and needs of its people; and by augmentation, minimal economic activity and growth.Malaysian Institute of Economic Research has highlighted skilled labour shortage as one of the main factors behind Malaysia’s slower economic growth forecast for 2011-2012 on account of ongoing structural weaknesses in Malaysia.Weaknesses in skilled labour market hinder economic growth and impede flow of Foreign Direct Investment to Malaysia; hence, it is crucial to transform Malaysia's labour profile from one of non-skilled and semi-skilled to a highly skilled and professional work force.This paper discusses the Malaysian Skilled Labour Market Digressions, highlights the factors that cause skilled labour market volatilities, and offers possible solutions to bridge the theory and practice gap in the manufacturing sector. |
format |
Article |
author |
Baluch, Nazim Hussain Abdullah, Che Sobry Mohtar, Shahimi |
author_facet |
Baluch, Nazim Hussain Abdullah, Che Sobry Mohtar, Shahimi |
author_sort |
Baluch, Nazim Hussain |
title |
Volatility in Malaysian skilled labour market: Evaluating manufacturing sector |
title_short |
Volatility in Malaysian skilled labour market: Evaluating manufacturing sector |
title_full |
Volatility in Malaysian skilled labour market: Evaluating manufacturing sector |
title_fullStr |
Volatility in Malaysian skilled labour market: Evaluating manufacturing sector |
title_full_unstemmed |
Volatility in Malaysian skilled labour market: Evaluating manufacturing sector |
title_sort |
volatility in malaysian skilled labour market: evaluating manufacturing sector |
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IISTE |
publishDate |
2013 |
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http://repo.uum.edu.my/16096/1/10.pdf http://repo.uum.edu.my/16096/ http://iiste.org/Journals/index.php/EJBM/article/view/4697 |
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