yangon household income
16% 15% 10% 10% 38% 37% 33% 28% 32% 34% 38% 40% 15% 15% 19% 23% ... the data of household income level and education level as indicators of poverty. So far, they have distributed to 57,249 households in Eastern District, 26,984 households in Western District, 111,149 households in Southern District, and 74,991 households in Northern District. The MLCS brings the objectives of these previous household surveys together into a single survey, and provides a comprehensive source of living conditions information. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. ), 8 Essential CV Tips That Will Make a Huge Difference, How to write the perfect resume (complete guide), 10 job hunting mistakes everyone is making, 25 salary increase request email templates with proven results. household income in line with international affordability benchmarks. The briefings cover 103 countries and identify topics of crucial interest to planners, marketers and researchers. Despite its economic success, a majority of the households in the Yangon Region are living in dwelling units that are temporary structures, necessitating frequent upgrading and retrofitting. So the residential households of Golden City Condo, ... Thailand though the income in Bangkok is 200% higher than Yangon. Supporting … 51% of surveyed staff in Myanmar reported that they haven't received any bonuses or incentives in the previous year while 49% said that they received at least one form of monetary bonus. GDP per capita in Myanmar averaged 444.30 USD from 1960 until 2019, reaching an all time high of 1608.50 USD in 2019 and a record low of 145 USD in 1967. COVID-19 only exacerbated the predicament these people faced. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree. The most … 61 per cent of households taking out a new loan in the past 30 days took out a loan of value greater than MMK 100,000. Intention to breastfeed is a strong predictor for long-term breastfeeding, however, little is known about pregnant women’s breastfeeding intentions in Myanmar. roughly $3.6 USD per day or about $80 per month, in a month with 22 days of work. Since the COVID-19 outbreak, work has reduced for both of them- while his wife has been put out of work, U Thant Zaw Oo works once in three days. Example:A graphic designer in the marketing department of a hospital. 81 per cent of the households in informal settlements have at least one member who lost their job in the past 30 days. The figures mentioned above are good approximations and are considered to be the standard. 100,000 school teachers counted the population at midnight 29 March. Ks 40000 was given to each family in Yangon Region. Introducing enhanced country reports featuring interactive datagraphics, charts and analysis. Having such a high modal share of bus transportation is an important advantage for Yangon in improving the urban … These types of bonuses are given without a reason and usually resemble an appreciation token. Livelihood security and Household income. Beyond these constants, however, the survey also revealed a number of new insights that just might change the game for consumer companies. Likewise, farming households are less likely to be affected by food supply issues or shop closures, while households with trade/retail livelihoods are most affected by shop closures. The difference in increment rates is somehow justified because employers put more effort to retain more experienced staff since they are harder to acquire than less experienced ones. U Thant Zaw Oo lives in an informal settlement in Hlaingthayar township. Salaries vary drastically between different careers. Yangon and is home to a number of migrants from the Ayeyarwady Region. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). Population Censuses in Myanmar In Myanmar, population counts were known to have taken place since 500 BC, during the era of King Thadodipa Mahadamayaza of the Tagaung Dynasty. 24 Yangon is an exciting place to be today. Livelihood security and Household income. UN-Habitat Rapid Assessment of Informal Settlements in Yangon Approximately 400,000 residents of informal settlements in Yangon find themselves at the forefront of the battle against COVID-19. household income after road crash involvement. The car ownership level will be higher if the household number in the central business district (CBD), inner ring area, and outer ring area is increased. 81 per cent of the households in informal settlements have at least one member who lost their job in the past 30 days. Coupled with internal migration and expansion of household size, it is estimated that the aggregate housing shortage in the Yangon Region will be 1.3 million GB: 239-2559-40 Registered in England No. The numbers become more significant if you consider one job title at a time. If your wage is between the average and the median, then things can be a bit complicated. Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 ), 7 tricky job interview questions and answers, 11 signs that you may be terminated (Watch out for these), 21 high paying jobs that don't require a college degree, 10 salary negotiation tips everyone should know, 12 careers for people who like to work alone, 25 simple money saving tips ($15000+ in savings! Presented in this report are data on household size and income and expenditure pattern of Myanmar household at Union, State and Division level and key city level. The data also suggest a severe decline in reported income for most households. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation. The hourly wage is the salary paid in one worked hour. Yangon is also one of the world’s fastest growing cities: In 1990, the population of Yangon … 25 Simple Ways to Reduce Bills and Save Money. This survey sheds light on household incomes prior to COVID-19 (January 2020), incomes and food security status soon after the first COVID-19 wave (June 2020), the gradual economic recovery thereafter (July and August 2020), and the more prolonged second COVID-19 wave in September and October 2020. According to the 2014 Census, the population was 34,003, including 17,068 males and 16,935 females. in the answers between high income and low income levels. In accordance with the household data collected by the respective ward administrators, assistance was given. Number of private households 42,704 Percentage of female headed households 25.8% Mean household size 4.7 persons 4 Percentage of population by age group Children (0 – 14 years) 20.5% Economically productive (15 – 64 years) 70.6% Elderly population (65+ years) 8.9% Dependency ratios Total dependency ratio 41.7 Child dependency ratio 29.1 Old dependency … We wrote a guide to explain all about the different scenarios. The hub, called the Yangon Innovation Center, holds workshops and networking events to highlight new business ideas and inventions. Peak-hour AM Boarding (left); Peak-hour AM Alighting (right) 51 Figure 3.3. You can't really expect any salary increases during the study period, assuming you already have a job. Yangon, a regional government of Myanmar, hired Seedsters in 2019 to set up a networking hub for youth entrepreneurs and start-up companies. This is the average monthly salary including housing, transport, and other benefits. Yangon Region is the smallest of all 14 Regions and States in the country, yet home to almost 15 percent of the population and leading contributor to the country’s GDP. Share of Household Income Spent on Public Transport 35 Figure 3.1. The fourth cash assistance to families with no regular income in Yangon Region was given on January 28. Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines. If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! When the list of people without regular income was compiled, the Yangon Region was found to have 208,649 households that meet the criteria in the Eastern District, 37,233 households in the Western District, 247,163 households in the Southern District and 182,081 households in the Northern District, adding up to 675,227 households with 2,742,233 citizens. Another family kept pigs as a savings account in case the head of the household, who had a heart attack, might fall ill again. Yangon is 59.44% less expensive than New York (without rent, see our cost of living index ). It suggests that motorcycle and bicycle are not critical is sues for the Y angon citizens’ mobility. In September, around 59pc of 1000 households surveyed by the IFPRI in Yangon and 66pp of another 1000 rural households in the dry zone of Myanmar were earning less than the US$ 1.90 per day. Public sector employees in Myanmar earn 12% more than their private sector counterparts on average across all sectors. Vicious Circle of Residents Losing Access to Destinations Due to Car … Daily income per household member was converted from Myanmar kyats into United States dollars (USD) and cut off values for income level were 1.9 and 3.1 USD/day based on the poverty level defined by the World Bank . In most cases, a salary review is conducted once education is completed and the degree has been attained. The Human Capital Index (HCI) database provides data at the country level for each of the components of the Human Capital Index as well as for the overall index, disaggregated by gender. Rapid assessment of informal settlements in Yangon: COVID-19 pandemic and its impact on residents of informal settlements. People in top positions can easily get double or triple bonus rates than employees down the pyramid. The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. So who gets paid more: men or women? Another family invested income … Sustainability: Insights on key sectors directly related to the environmental sustainability of a country such as energy, water, pollution, environmental resilience, forest and biodiversity and food and agriculture help businesses to make strategic decisions in relation to environmental and sustainability trends, improve brand reputation and ensure long-term operations while ultimately growing the bottom line. World Bank Office Yangon No.57, Pyay Road (Corner of Shwe Hinthar Road) 61/2 Mile, Hlaing Township, Yangon Republic of the Union of Myanmar +95 (1) 654824 ... IHLCA Integrated Household Living ConditionsAssessment IHLCA-2 Integrated Household Living ConditionsAssessment - 2 ILO International Labor Organization When the list of people without regular income was compiled, the Yangon Region was found to have 208,649 households that meet the criteria in the Eastern District, 37,233 households in the Western District, 247,163 households in the Southern District and 182,081 households in the Northern District, adding up to 675,227 households with 2,742,233 citizens. (2016). Companies within thriving industries tend to provide higher and more frequent raises. In this regard, the Peri-Urban Programme contributes to the realisation of all three of the over-arching goals of the LIFT Strategy 2019-2023: (1) improved nutritional status; (2) increased household income and assets; and (3) reduced vulnerability to shocks, stresses and risks. The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries. Average salary in Yangon is 23,763,318 MMK / year. Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma. The latter category included street vendors, trishaw drivers, masons, carpenters, porters, fishers, boat drivers and farm labourers. The median salary is 622,000 MMK per month, which means that half (50%) of the population are earning less than 622,000 MMK while the other half are earning more than 622,000 MMK. Rapid assessment of informal settlements in Yangon: COVID-19 pandemic and its impact on residents of informal settlements SUMMARY OF KEY FINDINGS Livelihood security and Household income 81 per cent of the households in informal settlements have at least one member who lost their job in the past 30 days. Ks 40000 was given to each family in Yangon Region. Granted upon achieving an important goal or milestone. Subscribe to our content! governed middle-income country, as is the government’s ambition, will then be within reach. Affordability- Travel Cost as Part of Income Description Amount (USD) Average Monthly Income for basic level 108 Average Monthly Transport Expense 9 Percentage of Monthly Travel Cost 8.1 % Household Income and Expenditure for transportation is calculated from current wage and bus fare basic in Yangon. Average household indebtedness was MMK 555,000. Livelihood security and Household income. It is … Conditions Assessment (2005 and 2010), the Household Income and Expenditure Survey (between 1989 and 2012) and the Myanmar Poverty and Living Conditions Survey (2015). Yangon — Myanmar’s government says it will provide a fourth round of cash handouts for those struggling because of COVID-19. the fee collection coverage among households is low (around 71 percent of the served population, or 40-55 percent of Yangon’s total population). •Moreover, household education, household income, household type, number of licensed driver and household property influence on car ownership •Access to public transit and household having old people do not contribute to own cars These communities are in Hlaingthayar, Shwepyi tar, and Dala … Mode Share by Vehicle Ownership and Monthly Household Income Level 51 Figure 3.2. It should be noted that while there is no significant difference in the impact by income among households with an income of 150,000 or more kyat per month (Table 4), households with lower incomes are The findings can assist policy makers in determining appropriate policies to mitigate the There were 7,729 households. by reaching out to the community through the network of CDCs, local NGO partners to reach out to 30,000 people in the areas we worked earlier. Request a complimentary demonstration of our award-winning market research today. Salaries in Yangon range from 146,000 MMK per month (minimum salary) to 2,570,000 MMK per month (maximum average salary, actual maximum is higher). The amount of the bonus will probably be different from person to person depending on their role within the organization. It should be noted that while there is no significant difference in the impact by income among households with an income of 150,000 or more kyat per month (Table 4), households with lower incomes are considered to … Presented in this report are data on household size and income and expenditure pattern of Myanmar household … Track key industry trends, opportunities and threats. Other factors such as the size and expansion of the middle class and income inequality are also important in helping companies gauge the potential of a country market. Their expertise is usually different from that of the core business operations. household income and quality of life) are more severe for poor families than for non-poor families. Households: Global shifts in gender, ageing, migration, housing and education are transforming the size, location and general make-up of households around the globe, with diverse implications for governments and companies. For a start, the Myanmar consumer … A total of 22.7 percent of households were female-headed. Poverty rates for households with different income sources under … A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned. A questionnaire survey of the economic status of households involved in road crashes was carried out in Yangon… Module 1: Household Basic Characteristics; Module 2: Housing; Module 3: Education; Module 4: Health; Module 5: Consumption Expenditures; Module 6: Household Assets; Module 7: Labour and Employment; Module 8: Business; Module 9: Finance and Savings. You should be able to recover the costs in roughly a year or so. “In January, before COVID-19, only 16pc of respondents were poor. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. That is quite an investment. 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