Unemployment down 3.4pct in October

The number of unemployed in the country dropped by 3.4 percent to 705,000 in October from 729,600 the previous month, following more economic activities being allowed again, according to the Malaysia Labour Statistics October 2021.

A report issued by the Department of Statistics stated that the number of residents working in the country increased by 0.6 percent from month to month to 15.55 million in October compared to 15.46 million in September, with the labour force to population ratio at 03:65.8 percent.