Unemployment in Malaysia

Malaysia Unemployment | Economic News & Forecasts

Malaysia - Unemployment

The economy lost some impetus in Q1, after accelerating in the final quarter of 2018. The slowdown was driven by a contraction in fixed investment, slower growth in private spending following a surge in Q4, and a weaker external sector, while robust public spending limited the slowdown. On a more positive note, wage growth in the manufacturing and services sectors comfortably outpaced inflation in Q1. Moving to Q2, growth should be fairly stable as more expansionary monetary policy shores up domestic demand. The IHS manufacturing PMI edged higher in April, on stronger business sentiment and new export orders. In other news, in mid-May the Central Bank outlined several new initiatives aimed at boosting the efficiency and liquidity of domestic financial markets, which bodes well for the private sector.

Malaysia - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate3.1  2.9  3.1  3.5  3.4  

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Malaysia Unemployment Chart


Malaysia Unemployment
Note: Unemployment in % of active population.
Source: Department of Statistics Malaysia.

Malaysia Facts

ValueChangeDate
Bond Yield3.810.15 %May 13
Exchange Rate4.160.0 %May 13
Stock Market1,601-0.29 %May 13

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