Malaysia’s labour productivity in Q4 2019 up 1.5%
PUTRAJAYA: Malaysia’s labour productivity in the fourth quarter of 2019 (Q4 2019), as measured by value added per hours worked, rose 1.5% compared to a growth of 2.6% in the third quarter 2019 (Q3 2019), the Department of Statistics Malaysia said in a statement.
Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said in terms of labour productivity level, value added per hour worked in Q4 2019 was RM42 per hour (Q3 2019: RM41 per hour).
During this quarter, Malaysia’s economy posted a growth of 3.6% (Q3 2019: 4.4% ) while hours worked increased 2.1% after registering an increase of 1.7% in the previous quarter.
Overall for 2019, Malaysia’s labour productivity by value added per hour worked rose 2.2% (2018: 3.4%) with a labour productivity level of RM41 per hour (2018: RM40).
Nevertheless, growth of labour productivity by value added per employment remained at 2.2% (2018: 2.2 per cent) with a level of RM93,909 per person (2018: RM91,932).
Labour productivity by hours worked for the construction sector increased 4.3% in Q4 2019 (Q3 2019: 1.6%).
The growth of labour productivity value added per hour worked for the manufacturing sector grew modestly at 1.2% (Q3 2019: 2.9%).
The services sector posted labour productivity growth in terms of value added per hour worked at 2.5% (Q3 2019: 2.9%).
The mining and quarrying sector recorded a smaller decline of 0.3% (Q3 2019: -3.4%) for labour productivity by hours worked.
Labour productivity by hours worked for the agriculture sector posted a negative growth of 5.8% in Q4 2019 (Q3 2019: 1.8%).
Bernama
