The unemployment rate in Malaysia edged lower to 4.5 percent in September 2021 from 4.6 percent in the same month a year earlier, as the economy recovered gradually from the coronavirus disruptions. The number of unemployed fell 1.1 percent year on year to 729.6 thousand, while employment increased 1.8 percent to 15.46 million. Meantime, the labor force gained 1.6 percent to 16.19 million. In August 2021, the jobless rate was at 4.6 percent. source: Department of Statistics, Malaysia

Unemployment Rate in Malaysia averaged 3.42 percent from 1998 until 2021, reaching an all time high of 5.30 percent in May of 2020 and a record low of 2.70 percent in August of 2012. This page provides - Malaysia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

Unemployment Rate in Malaysia is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Unemployment Rate is projected to trend around 4.00 percent in 2022 and 3.50 percent in 2023, according to our econometric models.

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Malaysia Unemployment Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-10-08 04:00 AM Aug 4.6% 4.8% 4.9%
2021-11-09 04:00 AM Sep 4.5% 4.6% 4.6%
2021-12-08 04:00 AM Oct 4.5% 4.3%


Related Last Previous Unit Reference
Unemployment Rate 4.50 4.60 percent Sep/21
Unemployed Persons 729.60 749.00 Thousand Sep/21
Employed Persons 15460.00 15376.60 Thousand Sep/21
Labor Force Participation Rate 68.60 68.40 percent Sep/21
Wages in Manufacturing 3266.00 3255.00 MYR/Month Aug/21
Population 32.73 32.59 Million Dec/20
Wages 2933.00 3224.00 MYR/Month Dec/20

News Stream
Malaysia Jobless Rate Ticks Down to 4.5% in September
The unemployment rate in Malaysia edged lower to 4.5 percent in September 2021 from 4.6 percent in the same month a year earlier, as the economy recovered gradually from the coronavirus disruptions. The number of unemployed fell 1.1 percent year on year to 729.6 thousand, while employment increased 1.8 percent to 15.46 million. Meantime, the labor force gained 1.6 percent to 16.19 million. In August 2021, the jobless rate was at 4.6 percent.
2021-11-09
Malaysia Jobless Rate Ticks Down to 4.6% in August
The unemployment rate in Malaysia edged lower to 4.6 percent in August 2021 from 4.7 percent in the same month a year earlier, as the economy recovered gradually from the coronavirus disruptions. The number of unemployed rose 1 percent from a year earlier to 748.8 thousand, while employment increased 1.5 percent to 15.38 million. Meantime, the labor force gained 1.4 percent to 16.13 million. In July 2021, the jobless rate was at 4.8 percent.
2021-10-08
Malaysia July Jobless Rate Edges Up to 4.8%
The unemployment rate in Malaysia inched up to 4.8 percent in July 2021 from 4.7 percent in the same month a year earlier, amid restrictions in some regions. The number of unemployed rose 4.4 percent from a year earlier to 778.2 thousand, while employment increasing 1.5 percent to 15.29 million. Meantime, the labor force went up 1.6 percent to 16.07 million. In June 2021, the jobless rate was at 4.8 percent.
2021-09-09

Malaysia Unemployment Rate
In Malaysia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.