Plus   Neg

Malaysia Jobless Rate Remains Stable In December

Malaysia's unemployment rate held steady at the end of the year, figures from the Department of Statistics showed Friday.

The jobless rate came in at 3.3 percent in December, the same rate as in November.

In the corresponding month last year, the unemployment rate was 3.5%

The number of unemployed people rose to 505,800 in December from 505,100 in November. A year ago, the jobless figure totaled 512,200.

The labor force participation rate came in at 68.1 percent in December, up slightly from 67.9 percent in the prior month.

During the fourth quarter, the unemployment rate also remained unchanged at 3.4 percent.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT