Tuesday, July 16, 2013

Unemployment rate in Malaysia

Unemployment rate in Malaysia - From our latest research and study in April 2013, the Malaysia Unemployment Rate was decreased from 3.3% in March of 2013 to 3% in April of 2013. Our research data came from the Department of Statistics Malaysia themselves.

If we go back to the past time, the averaged 3.33% from 1998 until this year of 2013, we got that the rate record reaching an all time high of 4.50% in March of 1999 and a record low of 2.70% in August of 2012.

Indeed the unemployment rate in Malaysia dealings the number of people passively searching for a career as a percentage of the labour force. Through this article we includes a diagram with historical data of Malaysia unemployment rate in a picture below:



Below we provide the table of forecast probability for the next month of June until September 2013:

CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-03-21 05:00 AM Malaysia Unemployment Rate 2013-01-31 3.3% 3.3%
2013-04-22 05:00 AM Malaysia Unemployment Rate 2013-02-28 3.0% 3.3%
2013-05-21 05:00 AM Malaysia Unemployment Rate 2013-03-31 3.3% 3.0%
2013-06-21 05:00 AM Malaysia Unemployment Rate 2013-04-30 3.0% 3.3% 3.29%
2013-07-22 05:00 AM Malaysia Unemployment Rate 2013-05-31 3.0% 3.1%
2013-08-21 05:00 AM Malaysia Unemployment Rate 2013-06-30 3%
2013-09-23 05:00 AM Malaysia Unemployment Rate 2013-07-31 3%


Another additional information that relate to our research collected in the table below:

Labour Last Previous Highest Lowest Forecast Unit Trend
Unemployment Rate 3.00 2013-04-30 3.30 4.50 2.70 3.10 2013-05-31 Percent Trend
Employed Persons 12123.00 2011-12-31 11776.80 12123.00 5624.60 12154.10 2012-12-31 Thousand Persons Trend
Job Vacancies 322146.00 2013-02-15 429928.00 745205.00 7850.00 439630.42 2013-06-30 Jobs Trend
Unemployed Persons 382.90 2011-12-31 395.80 534.70 210.50 381.84 2012-12-31 Thousand Persons Trend
Wages in Manufacturing 2742543.00 2013-04-15 2834357.00 2834357.00 83781.00 2699921.83 2013-05-31 MYR THO Trend
Population 28.86 2011-12-31 28.50 28.86 8.14 28.90 2012-12-31 Million Trend


Notes: The unemployment rate in Malaysia described as the number of people passively searching for a career divided by the work force. Changes in unemployment count frequently on inflows made up of non-employed people starting to look for careers, of employed people who already lose their occupations and try to find a new ones and of people who stop searching for employment.