Labor Force Participation Rate in Malaysia remained unchanged at 68.10 percent in July, the same as in June of 2020.

Labor Force Participation Rate in Malaysia averaged 66.88 percent from 2010 until 2020, reaching an all time high of 69 percent in January of 2020 and a record low of 62.30 percent in November of 2010. This page provides - Malaysia Labor Force Participation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Labor Force Participation Rate - values, historical data and charts - was last updated on September of 2020. source: Department of Statistics, Malaysia

Labor Force Participation Rate in Malaysia is expected to be 66.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Malaysia to stand at 69.00 in 12 months time. In the long-term, the Malaysia Labor Force Participation Rate is projected to trend around 69.00 percent in 2021 and 70.00 percent in 2022, according to our econometric models.

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Malaysia Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
68.10 68.10 69.00 62.30 2010 - 2020 percent Monthly

Malaysia Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.70 4.90 5.30 2.70 percent [+]
Employed Persons 15070.00 14990.20 15344.50 5624.60 Thousand [+]
Unemployed Persons 745.10 773.20 826.10 210.50 Thousand [+]
Labor Force Participation Rate 68.10 68.10 69.00 62.30 percent [+]
Job Vacancies 47431.00 204513.00 745205.00 7850.00 [+]
Minimum Wages 1200.00 1100.00 1200.00 900.00 MYR/Month [+]
Wages in Manufacturing 3203.00 3146.00 3998.00 2391.00 MYR/Month [+]
Population 32.60 32.40 32.60 8.20 Million [+]
Retirement Age Women 60.00 60.00 60.00 55.00 [+]
Retirement Age Men 60.00 60.00 60.00 55.00 [+]
Wages 3087.00 2879.00 3087.00 1814.00 MYR/Month [+]


Malaysia Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.