PUTRAJAYA, May 20 — Malaysia’s labour market momentum escalated in the first quarter of 2022 as both demand and supply ascended further, according to the Department of Statistics Malaysia .
“More people proceed to conduct business and social activities while ensuring compliance to the standard operating procedures, thus prompting a rise in people’s mobility within and across the states. From the perspective of labour supply in the first quarter of 2022, Mohd Uzir said the number of employed persons edged up by 2.2 per cent to register 15.57 million persons as against the same quarter of preceding year which recorded 15.24 million persons.
A larger magnitude of employment growth than the decrease in unemployment led the number of labour force to ascend by 1.5 per cent to 16.25 million persons in this quarter.“Although this was the highest LFPR registered since first quarter of 2020, the rate was slightly lower by 0.1 percentage point recorded in the fourth quarter of 2019 which was the quarter before the Covid-19 outbreak,” he said.