Asian Economic News

Malaysia's Jobless Rate Remains Stable In June

Malaysia's jobless rate remained unchanged in June, the Department of Statistics reported Thursday.

The unemployment rate came in at 3.4 percent in June, the same rate as seen in May. On a seasonally adjusted basis, the jobless rate rose marginally to 3.5 percent from 3.4 percent a month ago.

The labor force participation rate also held steady in June, at 67.7 percent.

At the same time, the number of unemployed fell to 501,800 from 504,800 a month ago.

by RTTNews Staff Writer

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