3,400 more people unemployed in Malaysia in July 2019

Unemployment in Malaysia increased from 521,400 in June 2019 to 524,800 in July 2019, according to latest statistics from the Department of Statistics, Malaysia (DOSM). This represents a 0.7% month-on-month increase.

Despite that, the Key Statistics of Labour Force for July 2019 revealed that unemployment rate remained at 3.3%, dropping slightly when compared to July 2018.

Apart from that, the labour force participation rate decreased by 0.1 percentage point as compared to the previous month (68.6% in June 2019 to 68.5% in July 2019).

That said, the number of people in the labour force increased 0.3% month-on-month, from 15.66mn to 15.70mn. During the same period, the number of people employed also increased 0.3% from 15.13mn to 15.18mn.

Additionally, it was revealed that a total of 31.5% of working age population (15-64 years old) were outside the labour force. This comprised of housewives, students, retirees, and those not interested to work.

Infographic / DOSMLead photo / iStock