Malaysia’s unemployment rate held steady at 3.0% in July 2026, unchanged from the previous three months and remaining at its highest level since October 2025. The number of unemployed persons increased to 520.3 thousand from 517.8 thousand in the previous month, while total employment was little changed at 16.85 million, indicating continued softness in the labor market. The services sector remained the primary contributor to total employment during the month, particularly in arts, entertainment and recreation, accommodation and food & beverage service activities, as well as financial and insurance activities. Meanwhile, the youth unemployment rate for those aged 15 to 24 years remained at 10.2%, with 292.5 thousand unemployed persons. The labor force was little changed at 17.37 million, with the labor force participation rate remaining stable at 70.9%. The number of people outside the labor force stayed at 7.11 million. source: Department of Statistics, Malaysia
Unemployment Rate in Malaysia remained unchanged at 3 percent in July. Unemployment Rate in Malaysia averaged 3.41 percent from 1998 until 2026, 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 September of 2026.
Unemployment Rate in Malaysia remained unchanged at 3 percent in July. Unemployment Rate in Malaysia is expected to be 3.00 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 3.10 percent in 2027, according to our econometric models.