Malaysia's Gig Economy Reaches Record High, Raising Concerns of Skilled Worker Shortage

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Malaysia,Gig Economy,Skilled Workers

The number of Malaysians working in the gig economy reached an all-time high of three million in 2023, sparking concerns that there will be a shortage of skilled workers in the long term if the trend continues.

The number of Malaysians working in the gig economy reached an all-time high of three million in 2023, sparking concerns of a shortage of skilled workers in the long term. This represents more than 17% of the country's workforce, a 25% rise from 2021.

The increase is worrying as it comes during a period of low unemployment. Close to 98% of delivery riders in 2022 were aged 30 and below, with about 40% of them being secondary school graduates.

 

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