Malaysia Unemployment Rate  1998-2018 | Data | Chart | Calendar | Forecast

The unemployment rate in Malaysia declined to 3.3 percent in December 2017 from 3.5 percent in the same month of the previous year. It was the lowest jobless rate since November 2015, as the number of unemployed dropped by 1.2 percent from a year earlier to 505.8 thousand. Meantime, employment went up by 2.5 percent to 14.64 million while the labor force rose 2.4 percent to 15.14 million. On a seasonally adjusted basis, the jobless rate decreased by 0.1 percentage point to 3.3 percent. 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 Actual Previous Consensus TEForecast
2017-12-18 04:00 AM Unemployment Rate 3.4% 3.4% 3.4%
2018-01-17 04:00 AM Unemployment Rate 3.3% 3.4% 3.4%
2018-02-09 04:00 AM Unemployment Rate 3.3% 3.4% 3.3%
2018-03-15 04:00 AM Unemployment Rate 3.3% 3.3%
2018-04-16 04:00 AM Unemployment Rate 3.3%
2018-05-10 04:00 AM Unemployment Rate 3.3%


Malaysia Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.30 3.40 4.50 2.70 percent [+]
Employed Persons 14640.10 14578.90 14640.10 5624.60 Thousand [+]
Unemployed Persons 505.80 505.10 534.70 210.50 Thousand [+]
Labor Force Participation Rate 68.10 67.90 69.60 62.30 percent [+]
Job Vacancies 401835.00 444659.00 745205.00 7850.00 [+]
Minimum Wages 1000.00 1000.00 1000.00 900.00 MYR/Month [+]
Wages in Manufacturing 3347.00 3362.00 3392.00 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/Month [+]


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. 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 February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.30 3.40 4.50 2.70 1998 - 2017 percent Monthly
NSA




unemployment rate by Country
Country Last
Spain 16.55 Dec/17
Brazil 11.80 Dec/17
Italy 10.80 Dec/17
Turkey 10.30 Nov/17
France 8.90 Dec/17
Euro Area 8.70 Dec/17
Canada 5.90 Jan/18
Australia 5.50 Jan/18
Indonesia 5.50 Sep/17
Russia 5.20 Jan/18
United Kingdom 4.30 Nov/17
Netherlands 4.20 Jan/18
United States 4.10 Jan/18
China 3.90 Dec/17
Germany 3.60 Dec/17
South Korea 3.60 Jan/18
India 3.46 Dec/16
Switzerland 3.30 Jan/18
Mexico 3.10 Dec/17
Japan 2.80 Dec/17


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