Malaysia's unemployment increased from the previous month in July, reflecting mainly an increase in the number of new job-seekers entering the labor force, data released by the Department of Statistics showed Friday.
The unemployment rate increased to 3.1 percent in July from 3 percent in June, which was unchanged from the preceding two months. The number of unemployed persons in the country rose to around 402,300 in July from 388,500 in June.
On a seasonally adjusted basis, the unemployment rate was 3.2 percent, up from 2.8 recorded in June, data showed.
At the same time, the number of employed persons advanced to about 12.76 million in July from around 12.52 million in June. The labor force participation rate was 66.2 percent, notably higher than the previous month's 65 percent.
by RTT Staff Writer
For comments and feedback: email@example.com