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Financial News: Malaysia Jobless Rate Rises In March

Malaysia Jobless Rate Rises In March

05/08/2020 - 01:18:00 (RTTNews)

(RTTNews) - Malaysia's unemployment rate rose in March, data from the Department of Statistics showed on Friday.

The jobless rate rose to 3.9 percent in March from 3.3 percent in February. In the same month last year, the unemployment rate was 3.4 percent.

On a seasonally adjusted basis, jobless rate rose to 3.9 percent in March from 3.3 percent in the previous month.

The number of unemployed increased to 610,500 in March from 525,200 in the previous month.

The number of employed decreased to 15.23 million in March from 15.34 million in the prior month.

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