Malaysia’s jobless shot up to 826,100 in MCO-era in May, most unemployment in 2020 yet
Tuesday, 14 Jul 2020 12:27 PM MYTCommuters throng the Maluri MRT station on first day of the conditional movement control order in Kuala Lumpur May 4, 2020. — Picture by Firdaus Latif
KUALA LUMPUR, July 14 — The country’s unemployment rate rose to its highest point this year to reach 5.3 per cent in May, with the number of jobless Malaysians also reaching a high of 826,100 that month, the latest official statistics has shown. In the Department of Statistics Malaysia’s release of the May 2020 unemployment figures, the situation had further worsened since joblessness reached 5.0 per cent in April.DOSM figures also showed the number of unemployed persons growing from 610,500 in March to 778,800 in April, before going up by 47,300 persons to 826,100 persons in May.Compared year on year to May 2019’s 519,800 unemployed persons, the number of unemployed persons in May 2020 grew by a whopping 306,300 persons.
Malaysia first implemented the MCO on March 18, with non-essential businesses ordered to temporarily close, and entered into the conditional movement control order phase on May 4, where most businesses were allowed to reopen.
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