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Asian Economic News

Malaysia's Unemployment Increases In March

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Malaysia's unemployment rate rose to 3.3 percent in March from 3 percent in February, data from the Department of Statistics showed Tuesday. The rate was higher than the 2.9 percent seen in March 2012.

The number of unemployed persons increased to 439,600 from 398,600 in February, up 41,000.

The seasonally adjusted jobless rate climbed to 3.3 percent from 2.8 percent in the previous month.

The labor force participation rate registered an increase of 0.2 percentage point in March to 65.5 percent from 65.3 percent in the previous month.

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