Malaysia Unemployment Rate  Forecast


Unemployment Rate in Malaysia is expected to be 3.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Malaysia to stand at 3.60 in 12 months time. In the long-term, the Malaysia Unemployment Rate is projected to trend around 4.10 percent in 2020, according to our econometric models.


Malaysia Unemployment Rate
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Malaysia Labour Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 3.5 3.6 3.7 3.7 3.6 4.1
Employed Persons 14497 14549 14698 14820 14909 15500
Unemployed Persons 519 527 524 536 536 558
Labor Force Participation Rate 67.7 67.7 67.8 67.7 67.7 67.9
Job Vacancies 315358 320451 306000 280650 280650 327000
Minimum Wages 1000 1000 1000 1000 1200 1300
Wages in Manufacturing 3339 3470 3520 3600 3650 4220
Population 31.7 32.11 32.23 32.23 32.23 33.83
Retirement Age Women 60 60 60 60 60 60
Retirement Age Men 60 60 60 60 60 60
Wages 2463 2600 2600 2750 2750 2930