Statistic Of Unemployment Rate In Malaysia 2020

The unemployment rate measures the percentage of the unemployed population in the labour force with the labour force being those aged 15 to 64 and are either. Unemployed persons increased by 17 1 per cent to 610 5 thousands as compared to 521 3 thousands in the same month in 2019. In the department of statistics malaysia s dosm release of the may 2020 unemployment figures the situation had further worsened since joblessness reached 5 0 per cent in april.

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Statistic of unemployment rate in malaysia 2020. 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. The statistics department dosm in a report today said the current number of. Malaysia s unemployment rate rose to 5 3 in may from 5 in. On the labour force he said there was a two per cent increase with 15 6 million people employed in 2019 as compared to 15 3 million in 2018.

During the same period the number of unemployed persons lessened by 52 8 thousand to 773 2 thousand persons may 2020. The department of statistics says the number of unemployed individuals went up by 47 300 to 826 100 in may. During the same period the number of unemployed persons went up by 47 3 thousand to 826 1 thousand persons as against 778 8 thousand persons. A better labour market condition in june 2020 was reflected by the decline in unemployment rate by 0 4 percentage points month on month to 4 9 percent from a record high of 5 3 per cent in may 2020.

The unemployment rate in the country fell to 4 7 after a record high of 5 3 in may this year. He said data from the department of statistics malaysia today revealed that the unemployment rate fell to 4 7 per cent during the month from 4 9 per cent in june and 5 3 per cent in may. The unemployment rate in march 2020 increased to 3 9 per cent. The unemployment rate for march will be published on may 8 2020 he said in a statement here today.

Unemployment rate in malaysia averaged 3 32 percent from 1998 until 2020 reaching an all time high of 5 30 percent in may of 2020 and a record low of 2 70 percent in august of 2012. Chief statistician datuk seri dr mohd uzir mahidin said the government s move to. The unemployment rate in malaysia escalated 0 3 percentage points month on month to 5 3 in may 2020 after registering at 5 in april 2020. The high unemployment rate in march 2020 reflects the negative impact of mco on the labour market.

The number of unemployed persons in july stood at 745 100 a decline of 28 200 people compared to the previous month mustapa said in a statement today. This page provides malaysia unemployment rate actual values historical data forecast chart statistics economic calendar and news.