Macroeconomic factors affecting unemployment rate in Malaysia / Muhammad Iman Nurhakim Nazaruddin

Nazaruddin, Muhammad Iman Nurhakim (2022) Macroeconomic factors affecting unemployment rate in Malaysia / Muhammad Iman Nurhakim Nazaruddin. Degree thesis, Universiti Teknologi MARA, Johor.

Abstract

As early as the first decade of the twentieth century, unemployment was identified as a severe problem worldwide. This research aims to find out how all the macroeconomic factors, which are economic growth rate, inflation rate, foreign direct investment rate, and the population growth rate, affect the unemployment rate in Malaysia. The sample will be in Malaysia, and each variable will have 30 objectives from 1991-to 2020. The research method will be quantitative as we will take the data from secondary data platforms such as MacroTrend, International Labour Organization, Eikon Datastream, and other certified sources allowed. Based on the findings of this research, I found that two variables are significant towards Unemployment Rate: economic growth rate and foreign direct investment rate. The other two variables, the inflation rate, and the population growth rate, are not significant. This research will bring major implications to the government, investors, and policymakers. Furthermore, I also relate this research with some popular economic theories: Okun's Law and the Phillips Curve. Lastly, I can conclude that the variables affect the unemployment rate in Malaysia directly or indirectly.

Metadata

Item Type: Thesis (Degree)
Creators:
Creators
Email / ID Num.
Nazaruddin, Muhammad Iman Nurhakim
2020971197
Contributors:
Contribution
Name
Email / ID Num.
Thesis advisor
Mohd Yusoff, Yuslizawati
UNSPECIFIED
Subjects: H Social Sciences > HB Economic Theory. Demography > Macroeconomics
H Social Sciences > HD Industries. Land use. Labor > Labor. Work. Working class > Unemployment
Divisions: Universiti Teknologi MARA, Johor > Segamat Campus > Faculty of Business and Management
Programme: Bachelor of Business Administration (Hons) Investment Management
Keywords: Macroeconomic; unemployment rate
Date: 2022
URI: https://ir.uitm.edu.my/id/eprint/96700
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