Department Of Statistics Malaysia Unemployment Rate 2020
The unemployment rate in august 2020 remained at 4 7 per cent.
Department of statistics malaysia unemployment rate 2020. This statistic shows the unemployment rate in malaysia from 1999 to 2020. Malaysia s unemployment rate increased to 5 40 in may 2020 from the previously reported number of 5 00 in apr 2020. This page provides malaysia unemployment rate actual values historical data forecast chart statistics economic calendar and news. Malaysia s unemployment rate is updated monthly available from jan 2016 to may 2020 with an average rate of 3 40.
Malaysia s unemployment rate rose to 5 3 in may from 5 in. The data reached an all time high of 5 40 in may 2020 and a record low of 3 20 in jan 2020. Unemployment rate increased to 3 9. The data is reported by reported by department of statistics.
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. The high unemployment rate in march 2020 reflects the negative impact of mco on the labour market. 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 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. The number of those unemployed however decreased marginally by 3 500 persons to 741 600 during the month compared to july it said in. In a report on friday may 8 the department of statistics chief statistician mohd uzir mahidin said. The department of statistics says the number of unemployed individuals went up by 47 300 to 826 100 in may.
For more info www dosm gov my. The unemployment rate in march 2020 increased to 3 9 per cent. The unemployment rate in august was 4 7 which means 741 600 people out of a. The underemployment rate or the percentage of employed persons working for 30 hours or less was 2 2 in 2019.