|
|
This is only a preview of the paper
Click here to register and get the full text.
Existing members click here to login
|
|
|
... 0 INTRODUCTION
Consumer spending and continuous employment growth will keep the economy afloat. ... Most of the major economic sectors are badly affected where 83,865 workers was retrenched (MTUC, 2002).
The price of goods increased rapidly due to devalue of Ringgit thus consumer reduce spending plans (MIER, 2002). ... Whenever we spend a Ringgit on a locally manufactured product, without realizing, we may indirectly create thousands of job vacancies. ... I truly agree that consumer spending will create jobs, vice versa in economic recovery. Secondly, I will look at steps need to be taken to increase the number of employment and consumer spending to boost the Malaysian economy. ... 0 EMPLOYMENT & CONSUMER
During recession, major economic sectors are badly affected such as construction, manufacturing, and services whereby thousands of workers were retrenched. ... I believe a balanced relationship between consumer and employment are the key to economic recovery. ... With reference to Malaysia’s consumer sentiments index, from year 1994 to the first quarter of year 2002, employment is always parallel with consumer spending (MIER, 2002). ... 1 Recovery Period
Jobs were forecast to increase by 4% to 9. ...
Consumer sentiments index shows employment factors increase by third quarter of year 1999 to first quarter year 2001 (MIER, 2002).
Approximate Word count = 1013
Approximate Pages = 4.1
(250 words per page double spaced)
|
|
|
|
|
|