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Parliament has retabled the Employment Insurance System Amendment Bill 2025 with a new tiered penalty structure, replacing a flat RM10,000 fine with graduated fines ranging from RM1,000 to RM5,000 based on the number of offences committed by employers.
Ireland's technology sector is experiencing significant job losses as major employers including Meta, Covalen, and TikTok restructure around artificial intelligence. The cuts expose vulnerabilities in an economy heavily dependent on foreign tech investment.
Malaysia's unemployment rate declined to 2.9 per cent last year from 3.2 per cent in 2024, according to Deputy Prime Minister Ahmad Zahid Hamid, who attributes the improvement to expanded vocational training and skills development initiatives.
Malaysia's labour market has demonstrated continued stability through the first half of 2026, with job losses declining 20 per cent in June and unemployment remaining well below the full employment threshold, according to Economy Minister Akmal Nasrullah.
A comprehensive Swiss study tracking 7.3 million job postings reveals that entry-level positions have declined 32% since 2023 as artificial intelligence reshapes hiring patterns, with young workers increasingly anxious about their workplace value.
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Selangor is channelling RM1.5 million into a dedicated career programme designed to swiftly reconnect displaced workers with suitable employment opportunities, addressing a critical bottleneck in the job market.
A major PwC study shows artificial intelligence is bifurcating global job markets. Companies amplifying human expertise see higher productivity and wage growth, while those using AI purely for automation fall behind. Specialized AI roles are surging eightfold faster than overall job creation.