Unemployment rate drops to 3.2% in fourth quarter 2019

Unemployment rate drops to 3.2% in fourth quarter 2019

PUTRAJAYA: The unemployment rate dropped to 3.2% in the fourth quarter of 2019 compared to 3.3% in the previous quarter, according to the Malaysia Labour Force Survey Report, Fourth Quarter 2019.

Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said the number of labour force and employed persons growth of 2.1% 15.77 million) and 2.2% (15.25 million), respectively, as compared to the fourth quarter of 2018.

He said the labour force participation rate rose 0.2% from the third quarter of last year to 69.1% in the fourth quarter.

In the fourth quarter of 2019, the female labour force participation rate registered a 0.1% increase to 56.1% from the previous quarter, and an increase of 0.2% to 81.1% during the same period for male, he said in a statement.

In the fourth quarter of 2019, he said the number of workforce with tertiary education increased 3.5% to 4.43 million from 4.28 million in the fourth quarter of 2018.

Detailed information on the report is available through the eStatistics application on the Department of Statistics website www.dosm.gov.my.

Bernama