Business

Malaysia’s jobless rate stays 4.7% in August

The number of those unemployed decreased marginally by 3,500 persons

Updated 5 years ago · Published on 13 Oct 2020 1:23PM

Malaysia’s jobless rate stays 4.7% in August
Chief statistician Datuk Seri Mohd Uzir Mahidin said employment continued to increase. – DOSM pic, October 13, 2020

KUALA LUMPUR – The country’s unemployment rate remained at 4.7% in August 2020, the Department of Statistics Malaysia (DOSM) announced today.

The number of those unemployed decreased marginally by 3,500 persons to 741,600 during the month compared to July, it said in the latest labour force statistics report.

Chief statistician Datuk Seri Mohd Uzir Mahidin said employment continued to increase, reflecting the resumption of more economic activities starting July 2020 including tourism, education as well as arts, entertainment and recreational activities.

“During the month, the number of employed persons went up by 0.5% to 15.15 million compared with 0.6% recorded in July 2020, following job gains in the services sector, particularly in wholesale and retail trade, accommodation and food and beverages as well as information and communication activities,” he said. – Bernama, October 13, 2020

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