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.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

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

US crypto industry eyes possible day-one Trump executive orders
Starbucks workers expand strike in US cities, including New York
AirAsia in talks on aircraft purchases as part of expansion strategy
Coastal Contracts wins large-scale solar PV plant project in Sabah
Malakoff redesignates Che Khalib as non-executive chairman
Ringgit stages strong rebound to end losing streak against US dollar
HeiTech Padu appoints Hasrul Azuan as CEO
Dnex ties up with France-based Conex to streamline EU trade compliance for M’sian exporter
Capital A submits regularisation plan to exit PN17 status
TM and Perodua tie up to drive Malaysia's automotive transformation under NIMP 2030

Others Also Read