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24.12.2013 06:15:05
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Malaysia's Jobless Rate Rises In October
(RTTNews) - Malaysia's unemployment rate rose notably to seasonally adjusted 3.5 percent in October from 3.1 percent in September, the Department of Statistics said Tuesday.
At the same time, the jobless rate on an unadjusted basis increased to 3.3 percent from 3.1 percent a month ago. This was due to an increase in unemployment by 19,100 to 462,300.
Meanwhile, the number of employed decreased by 98,500 from the prior month to 462,300 in October.
The labor force participation rate fell to 69.1 percent compared to 69.6 percent in the previous month.
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