Malaysia Unemployment Rate  1998-2017 | Data | Chart | Calendar | Forecast

Unemployment rate in Malaysia fell slightly to 3.4 percent in March of 2017 from 3.5 percent in the same month the previous year. The number of unemployed persons went up 0.3 percent from a year earlier to 510,800. Employment increased by 1.6 percent to 14,421,700. Labour force rose 1.5 percent to 14,932,500. On a seasonally adjusted basis, the jobless rate declined slightly to 3.3 percent, compared to a 3.4 percent in the prior month. Unemployment Rate in Malaysia averaged 3.28 percent from 1998 until 2017, reaching an all time high of 4.50 percent in March of 1999 and a record low of 2.70 percent in August of 2012.

Malaysia Unemployment Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-03-17 04:00 AM Jan 3.5% 3.5% 3.5%
2017-04-18 04:00 AM Feb 3.5% 3.5% 3.5%
2017-05-15 04:00 AM Mar 3.4% 3.5% 3.6%
2017-06-16 04:00 AM Apr 3.4% 3.6%
2017-07-18 04:00 AM May 3.5%
2017-08-14 04:00 AM Jun 3.5%




Malaysia Inflation Rate Steady at 1.8% in December


Consumer prices in Malaysia rose 1.8 percent year-on-year in December of 2016, the same as in November but slightly below markets expectations of a 1.9 percent rise. The inflation rate remained at the highest level since May, mainly due to rising prices of food and non alcoholic beverages while inflation for housing & utilities were steady and cost of transport fell much less than in a month earlier. Core consumer prices rose 2.1 percent year-on-year in December, compared to a 2.2 percent gain in November. On a monthly basis, consumer prices were flat, after a 1.0 percent rise in the preceding month.

Year-on-year, prices increased at a faster pace for : recreation services & culture (+3.3 percent from +3.2 percent). Prices rose at a slower pace for :  food & non-alcoholic beverages (+3.7 percent from +3.8 percent in November), alcoholic beverages & tobacco (+0.1 percent from +1.9 percent), education (+1.7 percent from +1.9 percent) and health (+2.4 percent from +2.5 percent). Prices steady for : housing, water, electricity, gas & other fuels (2.1 percent); furnishing, household equipment and routine maintenance (+1.4 percent); restaurants & hotels (+1.9 percent), and miscellaneous goods & services (+1.8 percent). In contrast, downward prices pressure came from: clothing and footwear (-0.5 percent from -0.5 percent), transport (-0.6 percent from -1.5 percent), and communication (-2.6 percent from -2.7 percent).
 
Among food & non-alcoholic beverages, customers had to pay more for all categories: food (+3.8 percent from +4.0 percent); food at home (+4.1 percent from +4.2 percent); rice, bread & other cereals (+0.7 percent from +0.9 percent); meat (+3.0 percent from +6.0 percent); fish & seafood (+5.6 percent from +4.5 percent); milk & eggs (+0.1 percent from +1.1 percent), oils & fats (+36.9 percent from +36.6 percent), fruits (+2.7 percent from +2.7 percent); vegetables (+4.8 percent from +3.6 percent); sugar, jam, honey, chocolate & confectionary (+2.0 percent from +1.9 percent); food products (+5.4 percent from +5.8 percent), food away from home (+3.5 percent from +3.4 percent) and coffee, tea, cocoa & non-alcoholic beverages (+0.3 percent from +0.1 percent).
 
Core consumer prices rose 2.1 percent year-on-year in December, compared to a 2.2 percent gain in November.

On a monthly basis, consumer prices were flat, after a 1 percent gain in a month earlier. Prices went up at a faster pace for: restaurants & hotels ( +0.2 percent from +0.1 percent). Prices steady for :  furnishing, household equipment and routine maintenance ( +0.1 percent). Prices rose at a slower pace for : food & non-alcoholic beverages & tobacco ( +0.6 percent from +1.0 percent) and health (+0.2 percent  from +0.3 percent). Prices were flat for housing, water, electricity, gas & other fuels (from +0.5 percent) and education (from +0.1 percent). In contrast prices fell for miscellaneous goods and services ( -0.2  percent from +0.5 percent) and transport (-1.4 percent  from +4.5 percent).
 
 
 
 

Statistics of Malaysia | Chusnul Ch Manan l chusnul@tradingeconomics.com
1/18/2017 6:18:18 AM



Malaysia Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.40 3.50 4.50 2.70 percent [+]
Employed Persons 14421.70 14401.80 14421.70 5624.60 Thousand [+]
Unemployed Persons 510.80 515.00 534.70 210.50 Thousand [+]
Labor Force Participation Rate 67.70 67.80 69.60 62.30 percent [+]
Job Vacancies 311524.00 293236.00 745205.00 7850.00 [+]
Minimum Wages 1000.00 1000.00 1000.00 900.00 MYR/Month [+]
Wages in Manufacturing 3452.50 3221.20 3454.50 2391.00 MYR/Month [+]
Population 31.70 31.20 31.70 8.20 Million [+]
Retirement Age Women 60.00 60.00 60.00 55.00 [+]
Retirement Age Men 60.00 60.00 60.00 55.00 [+]
Wages 2463.00 2312.00 2463.00 1814.00 MYR/Monthly [+]


Malaysia Unemployment Rate Notes

In Malaysia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Malaysia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.40 3.50 4.50 2.70 1998 - 2017 percent Monthly
NSA



unemployment rate by Country

Last
Spain 18.75 Mar/17
Brazil 13.70 Mar/17
Turkey 12.60 Feb/17
Italy 11.70 Mar/17
France 9.60 Mar/17
Euro Area 9.50 Mar/17
Canada 6.50 Apr/17
Australia 5.70 Apr/17
Indonesia 5.33 Mar/17
Russia 5.30 Apr/17
Netherlands 5.10 Apr/17
India 4.90 Dec/13
United Kingdom 4.60 Mar/17
United States 4.40 Apr/17
South Korea 4.00 Apr/17
China 3.97 Mar/17
Germany 3.90 Mar/17
Mexico 3.50 Apr/17
Switzerland 3.30 Apr/17
Japan 2.80 Apr/17