Unemployment rate constant at 3.4% in July

Chief statistician Uzir Mahidin says Malaysia’s labour market is seen to continue expanding moderately.

The employment rate in the services sector remained on an upward trend, mainly in food and beverage, wholesale and retail trade, and transportation and storage activities.

In its monthly workforce statistics, the department said the number of unemployed people had declined from 581,700 in June to 579,200 in July. “The workforce in July improved by 0.1% to 16.91 million people, compared with 16.89 million people in June,” he said.He added that employment in the services sector remained on an upward trend, mainly in food and beverage services, wholesale and retail trade, as well as transportation and storage activities.

The inactively unemployed, or those who believed that there were no jobs available, registered a 0.3% decline to 114,500 people from 114,800 people in June.

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