Labour market improved in July, unemployment rate down, says Tok Pa | Malay Mail

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Labour market improved in July, unemployment rate down, says Tok Pa

Friday, 11 Sep 2020 04:01 PM MYT

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. Additionally, the manufacturing sector’s sales value maintained its positive growth in July 2020, rising by 1.9 per cent y-o-y to RM119.3 billion from RM117 billion previously.

“The recovery of the labour market and economic activity is in line with the government’s decision to gradually reopen the economy since May to allow more businesses to operate. Now, almost all economic activities have resumed,” he said.

 

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