Malaysia'’s Jobless Rate Stays Stable In July

By | September 14, 2018

Malaysia’s unemployment rate remained the same in July, figures from the Department of Statistics showed Friday.

The out of work rate held consistent at 3.4 percent in July. In the very same duration last year, the unemployment rate stood at 3.5 percent.

The joblessness rate, on a seasonally adjusted basis, likewise remained at 3.4 percent in July.

The number of unemployed individuals dropped 0.1 percent from last year to 518,600.

Data showed that the manpower participation rate increased by 0.1 portion point on month to 68.6 percent in July. Compared with July 2017, the rate gained 0.9 portion points.

The material has actually been provided by InstaForex Business – www.instaforex.com

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