Unemployment Rate In Malaysia Covid

Covid adjusted unemployment rate falls to 14 7 cso updated tuesday 29 sep 2020 14 08 the jobless rate which stood at 4 8 before the coronavirus crisis hit a record 28 8 in april.

Unemployment rate in malaysia covid. The unemployment rate in february 2020 increased to 3 3 as compared to 3 2 in january 2020. During this month february 2020 the number of unemployed accounted for 525 2 thousand persons increasing 2 6 as compared to the previous month he said. Agreed upon 2 trillion stimulus package expands unemployment insurance for those negatively affected by covid 19. Malaysia s unemployment rates have hovered between 3 2 and 3 3 percent since late last year.

According to last year s unemployment rate which. Today we compare the unemployment rates of seven high income countries. 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. Meantime the labor force went up 0 7 percent to 15 82 million.

Kuala lumpur may 14 the country is projected to record an unemployment rate of between 3 5 per cent and 5 5 per cent this year due to the impact from covid 19 the department of statistics malaysia dosm said. Unemployment numbers for all. States during the covid 19 pandemic. 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.

Covid 19 has definitely highlighted how the gig economy has become an integral part of the new. Malaysia s unemployment rate is now the highest in a decade at 3 9 per cent as people saw their livelihoods affected amid covid 19 and the movement control order mco said the. In a previous post we mapped unemployment claims for u s.