Youth Unemployment Rate In Malaysia 2020

In 2018 the youth unemployment rate in malaysia stood at 10 9 lower than the regional average of 12 2 in southeast asia and the pacific chart 1 but the third highest youth unemployment rate in asean after indonesia and the philippines. The unemployment rate in malaysia jumped to 4 7 percent in august 2020 from 3 3 percent in the corresponding month of the previous year amid the severe impact caused by the covid 19 pandemic. The department of statistics says the number of unemployed individuals went up by 47 300 to 826 100 in may.

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Youth Unemployment In Malaysia The Region Isis

On The Unemployed Frontline Malaysia S Youth And Covid 19 Isis

Malaysia Unemployment Rate 1999 2020 Statista

Malaysia s unemployment rate rises to 5 3 in may.

Youth unemployment rate in malaysia 2020. Malaysia s unemployment rate may go up to 5 5pc this year says chief statistician thursday 14 may 2020 07 46 pm myt the kuala lumpur skyline at sunset on june 6 2014. Meantime the labor force gained 1 2 percent to 15 90 million. Bernama july 14 2020 6 27 pm. Youth unemployment refers to the share of the labor force ages 15 24 without work but available for and seeking employment.

Malaysia s unemployment rate is now the highest in a decade at 3 9 per cent as people saw their livelihoods affected amid covid 19 and the movement control order mco said the. Malaysia youth unemployment rate for 2018 was 11 03 a 0 01 decline from 2017. The statistic shows the youth unemployment rate in malaysia from 1999 and 2020. In the report kri said out of the total 508 200 unemployed malaysians in 2019 79 1 per cent of them were youth aged 15 to 29.

The number of unemployed surged 42 6 percent from a year earlier to 741 6 thousand while employment declined by 0 2 percent to 15 15 million. In malaysia this is an equally pressing issue. The youth unemployment rate there had been increasing since 2015 and would probably be higher after the covid 19 pandemic. Malaysia youth unemployment rate for 2019 was 11 26 a 0 23 increase from 2018.

Malaysia youth unemployment rate for 2017 was 11 04 a 0 04 increase from 2016. It added that since 2015 the unemployment rate among youth aged 15 to 24 years old has consistently been above 10 per cent. In 2020 the estimated youth unemployment rate in malaysia was. Malaysia s august 2020 unemployment rate remained at 4 7 compared to the preceding month based on the nation s estimated 741 600 unemployed persons against an expanded labour force of about 15 9 million people as the country contended with the impact of the covid 19 pandemic according to the statistics department today.

According to the source the data are ilo estimates. In 2020 the youth unemployment rate in malaysia was 12 percent.