What are the main findings of the Q4 2019 Labour Force Survey?

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Main Findings of the Q4 2019 Labour Force Survey

The unemployment rate in Malaysia decreased to 3.2 per cent in the fourth quarter of 2019, a slight reduction from the 3.3 per cent recorded in the preceding quarter. This period also saw an increase in the number of employed individuals and a rise in the labour force participation rate.
Unemployment Rate Decline

In the fourth quarter of 2019, the national unemployment rate registered a decrease to 3.2 per cent. This figure represents a marginal improvement from the 3.3 per cent observed in the third quarter of the same year, indicating a slight contraction in the number of individuals actively seeking employment but unable to find it.
Growth in Employed Persons and Labour Force

The number of employed persons experienced a year-on-year growth of 2.2 per cent, reaching a total of 15.25 million in the fourth quarter of 2019 when compared to the same period in 2018. Concurrently, the labour force itself expanded by 2.1 per cent, bringing the total labour force to 15.77 million. This overall growth suggests an expanding economy absorbing more workers.
Increased Labour Force Participation

The labour force participation rate saw an upward trend, climbing to 69.1 per cent in the fourth quarter of 2019, marking a 0.2 per cent increase from the previous quarter. This rise was evident in both male and female participation rates, with the male rate increasing by 0.2 per cent to 81.1 per cent and the female rate rising by 0.1 per cent to 56.1 per cent over the same period.
Rise in Tertiary Educated Workforce

The segment of the workforce possessing tertiary education also showed significant growth. In the fourth quarter of 2019, the number of workers with tertiary education increased by 3.5 per cent compared to the fourth quarter of 2018, reaching a total of 4.43 million individuals. This indicates a growing trend towards a more skilled and educated labour pool.

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What are the main findings of the Q4 2019 Labour Force Survey?

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