Malaysia’s labour force grows 2.4pct in Q2

13-Aug-2018 Intellasia | The Star | 6:02 AM Print This Post

The labour force in Malaysia increased 2.4 percent to 15.28 million persons in the second quarter of 2018, as compared to the same quarter in 2017.

“The employed persons also recorded an increased of 2.4 per cent in the same period to 14.77 million persons,” said Datuk Sri Dr Mohd Uzir Mahidin, Chief Statistician of the Department of Statistics, Malaysia.

Meanwhile, the unemployment rate in Q2 also dropped 0.1 percentage points to 3.3 percent as compared to a year ago, bringing the number of unemployed persons to 511,100.

The labour force participation rate (LFPR) of females in Malaysia grew 0.2 percentage points to 55.3 percent as compared to the previous quarter.

“Female LFPR in the labour market for prime age 2 25-34 years (73.4 percent), 35-44 years (68.8 percent) and 45-54 years (57.8 percent) were higher as compared to female LFPR at the national level.

“Male LFPR also increased by 0.2 percentage points to 80.5 per cent in the second quarter of 2018. The age group that recorded more than 90 per cent of LFPR were 25-34 years (96.8 percent), 35-44 years (97.6 percent) and 45-54 years (94.5 percent),” said Mohd Uzir.

https://www.thestar.com.my/business/business-news/2018/08/10/malaysia-labour-force-participation-grows-to-68pt5pct/

 


Category: Malaysia

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