Malaysia unemployment rate


Malaysia unemployment rate: 3.3 (0%)
Last Update: May 31, 2024

Malaysia unemployment rate closed down 3.3 as of May 31, 2024 from 3.3 from the previous month and 3.5 from last year.


Malaysia unemployment rate Analytics & Data




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Malaysia unemployment rate closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Malaysia unemployment rate

DateValues
2024-05-31 3.3
2024-04-30 3.3
2024-03-31 3.3
2024-02-29 3.3
2024-01-31 3.3
2023-12-31 3.3
2023-11-30 3.3
2023-10-31 3.4
2023-09-30 3.4
2023-08-31 3.4
2023-07-31 3.4
2023-06-30 3.4
2023-05-31 3.5
2023-04-30 3.5
2023-03-31 3.5
2023-02-28 3.5
2023-01-31 3.6
2022-12-31 3.6
2022-11-30 3.6
2022-10-31 3.6
2022-09-30 3.6
2022-08-31 3.7
2022-07-31 3.7
2022-06-30 3.8

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Malaysia unemployment rate Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
unemployment ratemy.unemploymentrate3.33.30-6DownDown522024-05-31

Malaysia unemployment rate Factors

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Malaysia unemployment rate Historical Data

The MacroVar database offers free access to historical data for the Malaysia unemployment rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Malaysia unemployment rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Malaysia unemployment rate

As of 2021, Malaysia's unemployment rate stands at around 4.5%, which is a slight increase from the previous year. The COVID-19 pandemic has had a significant impact on the country's economy, resulting in job losses and reduced hiring opportunities. The government has implemented various measures to support those who have lost their jobs, including financial assistance and job training programs. Despite these efforts, the unemployment rate remains a concern for policymakers as they work to revitalize the economy and create more job opportunities for the Malaysian workforce.