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Asian Economic News

Malaysia Jobless Rate Remains Stable In April

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

Malaysia's unemployment rate held steady in April, after falling marginally in the previous month, figures from the Department of Statistics showed Friday.

The jobless rate came in at 3.4 percent in April, the same rate as in March. In the corresponding month last year, the jobless rate was 3.5 percent.

The number of unemployed people rose to 511,900 in April from 510,800 in March. A year ago, the jobless figure totaled 511,500.

The labor force participation rate remained unchanged at 67.7 percent in April. The seasonally adjusted jobless rate was 3.4 percent in April, up slightly from 3.3 percent in the prior month.

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