PUTRAJAYA: Malaysia’s unemployment rate has dropped slightly to 3.3 percent in May from 3.4 percent in April this year, according to the Monthly Principal Statistics of Labour Force.
Commenting further, chief statistician Datuk Seri Dr Mohd Uzir Mahidin said that the number of unemployed persons recorded for the month of May was 519,800, which was a 0.7 percent drop from a month ago.
He said the labour force participation rate in May, which has been stagnant at 68.5 percent since February 2019, had increased by 0.1 percent compared to the same month last year (68.4 percent).
“The number of labour force recorded in May this year had also risen by 1.9 percent to 15.64 million people compared to May last year,” he said in a statement here yesterday.
During the same period, Mohd Uzir explained the number of employed persons had also increased by 1.8 percent to 15.12 million people. – Bernama
