Involvment of Agibg Workers and Their Poductivity in Labor Market

Research Topic:

“Involvement of Aging Workers and Their Productivity in the Malaysia’s Labor Market”

Abstract

In the global context, many countries, especially those developed countries, such as USA, Japan, and European countries, face the aging problems. Aging problems can cause many other social issues, such as shortage of workers in labor market. The low rate of fertility has caused decline in the proportion of young people among the whole population for recent decades. As a result of this the number of old workers has increased in the labor market. Aging people are valuable group of people in the society. Even though those people get older and their body functions degenerate, they still master abundant professional knowledge. With these knowledge, aging people still can make a contribution and create value for the society. This research is conducted in order to find out the Productivity of old age workers in Malaysian labor market .It is find out that Productivity of old age workers in Malaysian labor market greatly depends on  age discrimination, aging worker’s intention to work after retirement, health status and education level. This research has indicated that a strong relationship exist between them.

Contents:

Chapter 1        

1.0 Introduction        

1.1 Research Background        

1.2 Problem Statement        

1.3 Research Question        

1.4 Research Objective        

1.5 Significance of the Study        

1.6 Scope of the Study        

1.7 Operational Definition        

1.8 Conclusion        

Chapter 2        

2.0 Introduction        

2.1 Define Topic        

2.2 Define Elements of the Framework        

2.3 Literature Gap        

2.4 Proposed Framework        

2.5 Research Hypothesis        

2.6 Conclusion        

Chapter 3        

3.1 Introduction        

3.2 Research Instrument        

3.3 Pilot Study        

3.4 Research Design        

3.5 Research Approach        

3.6 Conclusion        

Chapter 4        

4.0 Introduction        

4.1 Data Analysis        

4.2 Data Presentation        

4.3 Summary of Findings        

Chapter 5        

5.0 Introduction        

5.1 Key Findings and discussion        

5.3 Future Research        

5.5 Conclusion        

References        

Appendix        

Chapter 1

1.0 Introduction

In the global context, many countries, especially those developed countries, such as USA, Japan, and European countries, face the aging problems. Aging problems can cause many other social issues, such as shortage of workers in labour market. The low rate of fertility is one of the main reasons for aging problems in these countries. The low rate of fertility has caused decline in the proportion of young people among the whole population for recent decades. Besides, as many workers enter into the retirement age gradually, the shortage of workers now is becoming a social issue in these aging counties. As time passes, more and more working population grow older and face retirement. Aging workers’ issues are becoming problems for development and stability of a society.      

This research aims to understand the involvement and contribution of aging workers in the labor market in Malaysia and analyze what factors will influence their involvement. In this chapter, the background of Malaysia’s economic and social development is presented to understand the necessity of the research. The problem of the research theme is stated next. Research questions and research objective make it clear what are we going to discuss in the whole research. Following parts are the significance of the study, scope of study, operational definitions as well as proposed chapters.    

1.1 Research Background

As a developing country in South East Asia, Malaysia has developed in a fast pace, especially after the World War II. Due to its rich natural resources and primary products, as well as the advantage of the labor force, Malaysia stands out among South East Asia countries. Once Malaysia’s development mainly depended on agricultural economy and exports of primary products. However, in recent decades, Malaysia constantly adjust the industrial structure, vigorously promote export oriented economy, such as the electronic industry, manufacturing, construction and service industries developed rapidly. It has been transforming into a modern industrial country in aspect of economy and society during the last three decades. Its economy grew 6.7 per cent annum during 1971 to 1990 and currently is one of the fastest growing economies in the world (C. Siwar & M. Y. Kasim, 1997). Now Malaysia has change it from the reliance on agriculture and primary products into a high tech, knowledge based and capital intensive industry driven export economy.