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    Malaysia’s Self-Employment Explosion: Why So Many Own-Account Workers?

    Access Status
    Open access via publisher
    Authors
    Schaper, Michael
    Date
    2020
    Type
    Journal Article
    
    Metadata
    Show full item record
    Citation
    Schaper, M. 2020. Malaysia’s Self-Employment Explosion: Why So Many Own-Account Workers? ISEAS Perspective. 2020: Article No 20.
    Source Title
    ISEAS Perspective
    Additional URLs
    https://www.iseas.edu.sg/category/articles-commentaries/iseas-perspective/iseas-perspective-2020/page/3/
    ISSN
    2335-6677
    Faculty
    Faculty of Business and Law
    School
    School of Management
    URI
    http://hdl.handle.net/20.500.11937/78446
    Collection
    • Curtin Research Publications
    Abstract

    EXECUTIVE SUMMARY • In recent years, the numbers for self-employed persons are growing dramatically, even as the numbers for people in traditional paid employment have begun to decline. This major change in the country’s workforce and business structure is often overlooked. • The self-employed are now the second biggest group in the Malaysian workforce. In 2018, there were 2.86 million own-account workers, out of a total of 14.8 million working adults. • The self-employed are more likely to be older males, Bumiputera, and located in urban areas. The Klang Valley (greater Kuala Lumpur) region and Sabah have the highest numbers of own-account workers in the country. • The growth of self-employment may be due to an expanding services sector, the rise of the gig economy, the desire to “be your own boss”, and a more positive attitude towards entrepreneurship in the community. • More active government policy is needed to support this growing sector of the labour force.

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