The number of labor force in Malaysia grew 0.1 percent in April to 14.94 million on a month-on-month term. In March, labor force remained at 14.93 million, a release from Department of Statistics revealed.
As a result, labor force rate in Malaysia was 67.7 percent in April, which remained stable. The jobless claim rate remained unchanged at 3.4 percent in the same period.
Outside the labor force was a total of 32.3 percent or 7.12 million. This consisted of students, housewives, retired, disabled persons and those who are not keen on working.
On a year-on-year basis too, there was not much of a change in the jobless claim rate which was 3.4 percent. However, this was ten basis points lower than April 2016.
On a seasonally adjusted term, the jobless claim rate expanded ten basis points to 3.4 percent compared to March.