Statistic Of Unemployment Rate In Malaysia
Malaysia s unemployment is relatively low and stable at around three percent which means the population is experiencing close to full employment.
Statistic of unemployment rate in malaysia. During this month the number of unemployed accounted for 517 0 thousand persons increased 0 6 per cent as compared to the previous month. This publication presents selected indicators on children in malaysia. The unemployment rate in malaysia increased to 4 7 percent in july 2020 from 3 3 percent in the corresponding month of the previous year.
Kuala lumpur may 14 the country is projected to record an unemployment rate of between 3 5 per cent and 5 5 per cent this year due to the impact from covid 19 the department of statistics malaysia dosm said. Children statistics malaysia 2019. Unemployed persons in malaysia averaged 443 85 thousand from 1985 until 2020 reaching an all time high of 826 10 thousand in may of 2020 and a record low of 210 50 thousand in december of 1996.
8 in accordance to the latest sna 2008 beginning 1q 2012 publication. The unemployment rate in march 2020 increased to 3 9 per cent. The country reached its lowest level of.
The youth unemployment rate there had been increasing since 2015 and would probably be higher after the covid 19 pandemic. The unemployment rate in december 2019 increased to 3 3 per cent as compared to 3 2 per cent in november 2019. Tuesday 26 november 2019 1200 social statistics bulletin 2019.
Treasury joint international investment position iip report by residence companies by department of statistic malaysia and bank negara malaysia. The number of unemployed persons fell by 28 2 thousand to 745 1 thousand persons. The high unemployment rate in march 2020 reflects the negative impact of mco on the labour market.
The number of unemployed surged 42 percent from a year earlier to 745 1 thousand while employment declined 0 7 percent to 15 07 million. The compilation of statistics in this publication consists of four main areas namely population health education and child protection. In 2020 the youth unemployment rate in malaysia was 12 percent.
For more info www dosm gov my. Unemployed persons increased by 17 1 per cent to 610 5 thousands as compared to 521 3 thousands in the same month in 2019. This page provides malaysia unemployed persons actual values historical data forecast chart statistics economic calendar and news.
Unemployment rate increased to 3 9. Kuala lumpur usd myr reference rate.