Unemployment Rate In Malaysia 2020 July

Compared to july 2019 the unemployment rate was up in all states and washington dc. Two months of moderation in the unemployment rate which is 4 7 per cent in july and 4 9 per cent in june suggest that the worst of the covid 19 impact on the nation s job markets is behind us. Bernama july 14 2020 6 27 pm.

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This article first appeared in the edge malaysia weekly on july 13 2020 july 19 2020 a a.

Unemployment rate in malaysia 2020 july. Between june and july the unemployment rate declined in 30 states increased in nine and remained essentially the same in 11 states. The higher unemployment reflected continued weakness in the job market as firms adjusted to the new normal and restarting its business operation after the movement control order mco. Malaysia s unemployment rate has declined by 0 4 percentage points month on month in june 2020 to 4 9 per cent from a record high of 5 3 per cent in may 2020 the department of statistics malaysia dosm reported friday aug 7 on statistics of labour force malaysia june 2020. The unemployment rate in malaysia increased to 4 7 percent in july 2020 from 3 3 percent in the corresponding month of the previous year.

Malaysia s unemployment rate climbed further to 5 3 per cent in may 2020 despite the government has allowed more businesses to reopen and resume its operations. The department of statistics says the number of unemployed individuals went up by 47 300 to 826 100 in may. July 13 2020 15 30 pm 08. The number of unemployed persons in july stood at 745 100 a decline of 28 200 people compared to the previous month mustapa said in a statement today.

Unemployment rate digi com results and china 2q gdp in focus. Meantime the labor force went up 0 7 percent to 15 82 million. The unemployment rate was highest in massachusetts at 16 1 up from 2 9 in july 2019. Malaysia s unemployment rate rises to 5 3 in may.

The number of unemployed surged 42 percent from a year earlier to 745 1 thousand while employment declined 0 7 percent to 15 07 million. He said data from the department of statistics malaysia today revealed that the unemployment rate fell to 4 7 per cent during the month from 4 9 per cent in june and 5 3 per cent in may. Adeline paul raj the edge malaysia. Malaysia s june 2020 unemployment rate declined month on month to 4 9 from a record high of 5 3 in may 2020 as more sectors including the services industry reopened due to the implementation of the nation s recovery movement control order rmco to revive the country s economy while curbing the covid 19 pandemic.