Stats department: Labour market strengthens, unemployment drops

The labour market continued to strengthen last year, with the unemployment rate dropping to 3.9 percent and a higher employment rate, according to the Statistics of the Labour Force, Malaysia 2022 released by the Department of Statistics Malaysia (DOSM) today.

Chief statistician Mohd Uzir Mahidin said the positive economic environment throughout last year led to a favourable labour force situation last year, with the creation of more job opportunities in various industries.

“The recovery from...