The Labour Shortage Forum was held on September 23, 2010.
PENANG'S LABOUR SHORTAGE
Penang's efforts to move towards a high-income economy are experiencing a host of deep-rooted problems. Among these are the high turnover rates of local workers, the difficulties faced in recruiting and retaining skilled human capital, the pressing need to hire foreign workers and a dearth of skilled talent across fields.
Malaysian employers prefer foreign workers because domestically, the employment situation is inherently and structurally "foreign-worker" orientated (geared towards low-cost/low-pay, low productivity and redundancies).
