Unemployment Rate In Malaysia 2020 May
Friday 08 may 2020 1200.
Unemployment rate in malaysia 2020 may. Kuala lumpur may 14 the country is projected to record an unemployment rate of between 3 5 per cent and 5 5 per cent this year due to the impact from covid 19 the department of statistics malaysia dosm said. The kuala lumpur skyline at sunset on june 6 2014. When compared to almost four decades of past yearly unemployment figures in malaysia the unemployment rate of 5 3 per cent in may 2020 neared the figures about 30 years ago of 5 6 per cent and 5 7 per cent in the years of 1985 and 1989. Picture by yusof mat isa.
During this month the number of unemployed accounted for 517 0 thousand persons increased 0 6 per cent as compared to the previous month. Thursday 14 may 2020 07 46 pm myt. Chief statistician mohd uzir mahidin said the number of. The unemployment rate in malaysia escalated 0 3 percentage points month on month to 5 3 in may 2020 after registering at 5 in april 2020.
The unemployment rate in the country fell to 4 7 after a record high of 5 3 in may this year. The statistics department dosm in a report today said the current number of. During the same period the number of unemployed persons went up by 47 3 thousand to 826 1 thousand persons as against 778 8 thousand persons. The unemployment rate in december 2019 increased to 3 3 per cent as compared to 3 2 per cent in november 2019.
Malaysia s unemployment rate may go up to 5 5pc this year says chief statistician. The labour force participation rate lfpr declined 0 1 percentage points from 68 7 per cent in february 2020 to 68 6 per cent in march 2020 after recorded the highest lfpr in january 2020 68 9. Malaysia s unemployment rate escalated to 5 3 in may 2020 involving 826 100 unemployed persons the statistics department said today. The unemployment rate in malaysia increased to 5 3 percent in may 2020 from 3 3 percent in the same month a year earlier amid public health measures to contain the covid 19 crisis.
Unemployment rate increased to 3 3.