Department Of Statistics Malaysia Unemployment Rate 2020
Malaysia s unemployment rate rose to 5 3 in may from 5 in.
Department of statistics malaysia unemployment rate 2020. The high unemployment rate in march 2020 reflects the negative impact of mco on the labour market. Malaysia s unemployment rate is updated monthly available from jan 2016 to may 2020 with an average rate of 3 40. The unemployment rate in august was 4 7 which means 741 600 people out of a. This page provides malaysia unemployment rate actual values historical data forecast chart statistics economic calendar and news.
The data is reported by reported by department of statistics. The unemployment rate in august 2020 remained at 4 7 per cent. The unemployment rate in march 2020 increased to 3 9 per cent. The unemployment rate in march 2020 increased to 3 9 per cent highest since june 2010 when.
Unemployment rate increased to 3 9. The data reached an all time high of 5 40 in may 2020 and a record low of 3 20 in jan 2020. In a report on friday may 8 the department of statistics chief statistician mohd uzir mahidin said. Malaysia s august 2020 unemployment rate remained at 4 7 compared to the preceding month based on the nation s estimated 741 600 unemployed persons against an expanded labour force of about 15 9 million people as the country contended with the impact of the covid 19 pandemic according to the statistics department today.
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 department of statistics says the number of unemployed individuals went up by 47 300 to 826 100 in may. In 2020 the unemployment rate in malaysia was at approximately 3 38 percent. The number of unemployed persons decreased marginally by 3 5 thousand persons to 741 6 thousand persons.
Kuala lumpur oct 13 the country s unemployment rate remained at 4 7 per cent in august 2020 the department of statistics malaysia dosm announced today. Unemployment rate in malaysia averaged 3 33 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. This statistic shows the unemployment rate in malaysia from 1999 to 2020. The underemployment rate or the percentage of employed persons working for 30 hours or less was 2 2 in 2019.