Unemployment Rate High Despite Rise in Jobs

The number of employed people in Yangon region is set to increase by more than 33 percent this year compared with 2012, although unemployment rate still remains high, according to figures released by the Ministry of Labour, Employment and Social Security. Yangon has seen a yearly increase of almost 60,000 individuals registering their employment activities […]

Most Myanmar have hopes high for the future, survey finds

A public opinion survey which found that nearly 90 percent of those questioned believe Myanmar is heading in the right direction has also revealed serious concerns about low incomes, unemployment, a lack of aid for the farm sector and the quality of healthcare and education. The survey of 3,000 people, interviewed throughout the country from […]

Myanmar’s Work Hopes Still Up in the Air

PANTANAW/YANGON — U Than Zaw shook his head as he stared across the waterlogged fields. “Over there, that’s where my land is,” he said, swinging a tattooed arm out through the bamboo frame of a waterside hut. We were standing just off the road linking Yangon, Myanmar’s heaving commercial capital, with Pantanaw, a flood-prone farming […]

Myanmar’s capacity, productivity still at the bottom of ASEAN, economists say

Despite its potential growth, Myanmar is still at the bottom of the Association of Southeast Asian Nations (ASEAN) in terms of capacity and productivity, economists say. “The government is responsible for microeconomic reforms, and it must develop more. The citizens also need to change a lot, to adapt to the new environment. Nowadays, we have […]