KUALA LUMPUR, Aug 9 — The unemployment rate continues to show a downward trend, recording 3.8 per cent in June 2022, which is the lowest since the Covid-19 pandemic hit the...
KUALA LUMPUR, Aug 9 — The unemployment rate continues to show a downward trend, recording 3.8 per cent in June 2022, which is the lowest since the Covid-19 pandemic hit the country, said Minister in the Prime Minister’s Department Datuk Seri Mustapa Mohamed.
Citing the June 2022 Malaysian Labour Force Statistics published by the Malaysian Statistics Department today, Mustapa said the country reached full employment since April 2022, in terms of the unemployment rate being below 4 per cent as defined by Organisation for Economic Co-operation and Development Therefore, he said the position of the labour force was more stable following the increase in the number of workers, of 0.2 per cent to 16.57 million people compared to 16.
He said some key economic indicators also showed encouraging performance such as the volume of trade, which increased by 43.4 per cent in June 2022 to a new high of RM270.4 billion with exports recording an increase of 38.8 per cent to RM146.2 billion.
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