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Malaysia – Unemployment rate remains steady in December

13 February 2019

The jobless rate in Malaysia remained at 3.3% in December 2018, steady when compared to December 2017, according to data from Statistics Malaysia.

Data from Statistics Malaysia showed that the number of unemployed persons in December 2018 stood at 514,200, up 1.7% against December 2017.

At the same time, the number of employed persons stood at 14.98 million, up 2.4% compared to the previous year.

Malaysia’s labour force participation rate in December 2018 edged up by 0.4% to 68.5% compared to the previous year.

Statistics Malaysia also published quarterly data showing that the unemployment rate in the fourth quarter of 2018 stood at 3.3%, down slightly from 3.4% in Q4 2017. The labour force participation rate stood at 68.6%, up from 68.0% in the previous year.

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