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Labour force rises 1.1% in Q2, unemployment remains at 3.3%
Published on: Friday, August 09, 2024
Published on: Fri, Aug 09, 2024
By: Bernama
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Labour force rises 1.1% in Q2, unemployment remains at 3.3%
The services sector has exhibited employment growth, especially in wholesale and retail trade, food and beverage services, and information and communication.
PETALING JAYA: The labour force in the second quarter of 2024 (Q2 2024) showed a positive trend with a 1.1% increase to 17.15 million persons compared to 16.96 million in the first quarter of this year (Q1 2024).

In a statement, the statistics department said during the same period, the number of employed persons increased by 1.2% to reach 16.59 million compared to 16.4 million persons in the previous quarter.

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The number of unemployed persons reduced further by 0.6% to 557,800 persons (Q1 2024: 561,100 persons), recording 3.3% of the unemployment rate in Q2 2024, it said.

Regarding the labour force situation in June, it said the number continued to increase with a month-on-month rise of 0.1% to 17.17 million persons compared to 17.15 million in the previous month.

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At the same time, the number of unemployed persons decreased by 0.1% month-on-month to 565,300 compared to 566,100 in May.

According to the statement, the unemployment rate in June remained at 3.3%, with the number of employed persons continuing to increase by 0.2% to record 16.61 million compared to 16.58 million earlier.

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“By economic sector, the services sector continued to exhibit increases in the number of employed persons, especially in wholesale and retail trade, food and beverage services, and information and communication activities.

A similar trend of employed persons was also observed in the manufacturing, construction, mining and quarrying, and agriculture sectors, it said.
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