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

The unemployment rate in Malaysia fell slightly to 3.4 percent in August of 2017 from 3.5 percent in the same month of the previous year. The number of unemployed persons declined by 0.3 percent from a year earlier to 516,900 and the number of employed persons increased by 1.4 percent to 14,513,400. The labour force rose 1.4 percent to 15,030,200 persons. On a seasonally adjusted basis, the jobless rate also fell to 3.4 percent from 3.5 percent in the preceding 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 Actual Previous Consensus TEForecast
2017-08-14 04:00 AM Unemployment Rate 3.4% 3.4% 3.4%
2017-09-18 04:00 AM Unemployment Rate 3.5% 3.4% 3.5%
2017-10-17 04:00 AM Unemployment Rate 3.4% 3.5% 3.5%
2017-11-13 04:00 AM Unemployment Rate 3.4% 3.6%
2017-12-23 04:00 AM Unemployment Rate 3.6%


Malaysia Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.40 3.50 4.50 2.70 percent [+]
Employed Persons 14513.40 14497.40 14519.90 5624.60 Thousand [+]
Unemployed Persons 516.90 519.00 534.70 210.50 Thousand [+]
Labor Force Participation Rate 67.80 67.70 69.60 62.30 percent [+]
Job Vacancies 315358.00 311524.00 745205.00 7850.00 [+]
Minimum Wages 1000.00 1000.00 1000.00 900.00 MYR/Month [+]
Wages in Manufacturing 3337.00 3338.00 3344.00 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 October 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 17.22 Jun/17
Brazil 12.60 Aug/17
Italy 11.20 Aug/17
Turkey 10.70 Jul/17
France 9.50 Jun/17
Euro Area 9.10 Aug/17
Canada 6.20 Sep/17
Australia 5.50 Sep/17
Indonesia 5.33 Mar/17
Russia 5.00 Sep/17
Netherlands 4.70 Sep/17
United Kingdom 4.30 Aug/17
United States 4.20 Sep/17
China 3.95 Jun/17
South Korea 3.70 Sep/17
Germany 3.60 Aug/17
Mexico 3.60 Sep/17
India 3.46 Dec/16
Switzerland 3.00 Sep/17
Japan 2.80 Aug/17