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Malaysia’s unemployment rate hovers at 2.7pc in September
Malay Mail

KUALA LUMPUR, Nov 25 — Malaysia’s unemployment rate in September 2014 stayed at 2.7 per cent from the previous month, the Statistics Department said.

In a statement on “Labour Force Statistics Malaysia” today, it said the year-on-year comparison showed a change of negative 0.4 per cent from 3.1 per cent in September 2013.

The labour force participation rate increased to 67.9 per cent in September as compared to 67.1 per cent in the previous month.

A year-on-year comparison showed the labour force participation rate fell to 67.9 per cent in September 2014 as compared to 68.3 per cent of the same month last year.

“Meanwhile, the seasonally adjusted unemployment rate was estimated at 2.7 per cent, which also remained unchanged, as compared to the percentage from the previous month,” the department said. — Bernama

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