Unemployment in Malaysia

Malaysia Unemployment | Economic News & Forecasts

Malaysia - Unemployment

Economic momentum is expected to have ebbed in the third quarter as ongoing weakness in the external sector likely spread to the domestic economy. Merchandise exports contracted in Q3 on declining electronic shipments—the backbone of the external sector—amid the longstanding U.S.-China trade war and limp global tech demand. Meanwhile, falling imports, a slowdown in private credit growth and slowing wage gains in Q3 signal lackluster fixed investment and private consumption; that said, a tight labor market and lower inflation should have cushioned consumer spending. Turning to the fourth quarter, improving new orders and production suggest the downturn in the manufacturing sector may have bottomed out, although falling export orders remains a cause for concern.

Malaysia - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate2.9  2.9  3.1  3.5  3.3  

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Malaysia Unemployment Chart

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

Malaysia Facts

Bond Yield3.420.15 %Nov 21
Exchange Rate4.170.0 %Nov 21
Stock Market1,592-0.29 %Nov 21

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