Unemployment Rate 2024 Malaysia. Positively, malaysia's unemployment rate in august 2024 declined further to 3.2% while the labour force continues to increase resulting in a high labour participation rate of. “ilo modelled estimates and projections database ( iloest )”.
3.3% the unemployment rate measures the percentage of the total work force that is unemployed and actively seeking. Malaysia’s unemployment rate remained at 3.3% in january 2024, with the number of unemployed persons declining further to 567,300 from 567,800 in.