Stats Dept: Labour market strengthens, unemployment rate drops in Malaysia

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KUALA LUMPUR, July 31 — The labour market continued to strengthen last year with the unemployment rate dropping to 3.9 per cent and a higher employment rate, according to the...

KUALA LUMPUR, July 31 — The labour market continued to strengthen last year with the unemployment rate dropping to 3.9 per cent and a higher employment rate, according to the Statistics of the Labour Force, Malaysia 2022 released by the Department of Statistics Malaysia today.

“Additionally, the flex-working concept of working remotely and having flexible working arrangements has become commonplace. This gives more flexibility to employees and a work-life balance,” he said. Mohd Uzir said that, in 2022, the labour force in Malaysia increased by 1.4 per cent to 16.02 million people while the labour force participation rate was recorded at 69.3 per cent.

The semi-skilled occupation category had the largest composition of 58.4 per cent of total employment or 8.99 million people, followed by the skilled category and the low-skilled category , he said.

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Malaysia Malaysia Latest News, Malaysia Malaysia Headlines