Malaysia Labor Force Participation Rate - Forecast

Labor Force Participation Rate in Malaysia is expected to be 68.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Malaysia to stand at 68.70 in 12 months time. In the long-term, the Malaysia Labor Force Participation Rate is projected to trend around 70.00 percent in 2020, according to our econometric models.


Malaysia Labor Force Participation Rate
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Malaysia Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 3.3 3.5 3.7 3.7 3.8 4.1
Employed Persons 14853 14847 14885 14864 14866 15500
Unemployed Persons 505 507 509 509 509 511
Labor Force Participation Rate 68.4 68.3 68.5 68.4 68.7 70
Job Vacancies 303821 342779 280000 352808 344842 357000
Minimum Wages 1000 1100 1100 1200 1200 1400
Wages in Manufacturing 3562 3500 3550 3600 3650 4100
Population 32.05 32.52 32.64 32.71 32.79 33.86
Retirement Age Women 60 60 60 60 60 60
Retirement Age Men 60 60 60 60 60 60
Wages 2880 2620 2620 2750 2750 2870