Malaysia's labour force grows 2.4% in Q2


In order to drive this shift so that the country can benefit from it, talent requirements would need to be addressed comprehensively, according to the mid-term review of 11th Malaysia Plan (11MP).

KUALA LUMPUR: The labour force in Malaysia increased 2.4% 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% 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% as compared to the previous quarter.

"Female LFPR in the labour market for prime age 2 25-34 years (73.4%), 35-44 years (68.8%) and 45-54 years (57.8%) 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%), 35-44 years (97.6%) and 45-54 years (94.5%)," said Mohd Uzir.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

PM Anwar to participate in APEC CEO Summit, meet Google
CapitaLand Malaysia Trust appoints Yong Su-Lin as CEO designate
Keyfield's net profit higher at RM81.1mil in 3Q
Starbucks Malaysia operator reports net loss of RM33.7mil in 1Q
LBS Bina signs MoU for 10GW Green Hydrogen Plant in Sabah
Ringgit, emerging market currencies slide against greenback at the close
PETRONAS invests another RM7.5bil in Pengerang Integrated Complex
Bumi Armada, MISC sign MoU to explore offshore business merger
Teo Seng Capital upbeat on 4Q outlook
Sunway REIT 3Q net profit dips to RM89.14mil but revenue increases over 9%

Others Also Read