KUALA LUMPUR, Sept 25 — Malaysia’s unemployment rate for July 2014 dropped to 2.8 per cent, from 3.0 per cent in July last year, the Statistics Department said.
The rate was unchanged from the previous month this year.
In a statement here today, the department also said the labour force participation rate declined slightly in July 2014 to 67.4 per cent from 67.5 per cent in the previous month.
“A reduction of 0.1 per centage point was the impact of a continuation of the decreased population in the labour market by 0.2 per cent particularly in the food and beverage service activities and construction.
“Year-on-year comparison showed that the labour force participation rate was 0.3 per centage point lower, from 67.7 per cent in July 2013,” it added. — Bernama
