Statistic Of Unemployment Rate In Malaysia
Unemployment rate increased to 3 9.
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. The country reached its lowest level of. This page provides malaysia unemployed persons actual values historical data forecast chart statistics economic calendar and news.
In 2020 the youth unemployment rate in malaysia was 12 percent. 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 youth unemployment rate there had been increasing since 2015 and would probably be higher after the covid 19 pandemic.
Children statistics malaysia 2019. Treasury joint international investment position iip report by residence companies by department of statistic malaysia and bank negara malaysia. Malaysia s unemployment is relatively low and stable at around three percent which means the population is experiencing close to full employment.
Unemployed persons increased by 17 1 per cent to 610 5 thousands as compared to 521 3 thousands in the same month in 2019. The high unemployment rate in march 2020 reflects the negative impact of mco on the labour market. 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.
The unemployment rate in march 2020 increased to 3 9 per cent. Unemployment rate increased to 3 3. The compilation of statistics in this publication consists of four main areas namely population health education and child protection.
Kuala lumpur usd myr reference rate. This publication presents selected indicators on children in malaysia. Tuesday 26 november 2019 1200 social statistics bulletin 2019.
The unemployment rate in december 2019 increased to 3 3 per cent as compared to 3 2 per cent in november 2019. 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. Chief statistician datuk seri dr mohd uzir mahidin said the government s move to partially reopen the economy during the movement control order period and the prihatin rakyat economic stimulus package would however assist workers and households in facing the critical.
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. For more info www dosm gov my.