Labour force participation rate decreased to 68.6%
The labour force participation rate (LFPR) declined 0.1 percentage points from 68.7 per cent in February 2020 to 68.6 per cent in March 2020 after recorded the highest LFPR in January 2020 (68.9%).
The number of labour force in this month decreased 0.2 per cent to 15.84 million persons as compared to February 2020. During the same period, employed persons also decreased 0.7 per cent to 15.23 million persons.
The working population in March 2020 was 15.23 million persons, out of them, 2.81 million persons were own account workers such as traders/ small traders (farmer markets/ night markets/ caterings/ freelancers) and etc. These group of workers were exposed to the risk of unemployments and work losses that affect their income during the MCO, partly due unable to work.
Unemployment rate increased to 3.9%
Unemployed persons increased by 17.1 per cent to 610.5 thousands as compared to 521.3 thousands in the same month in 2019. The unemployment rate in March 2020 increased to 3.9 per cent. The high unemployment rate in March 2020 reflects the negative impact of MCO on the labour market.
Unemployment rate (seasonally adjusted) in March 2020 also increased to 3.9 per cent as compared to 3.3 per cent in the previous month.
The survey population cover persons who live in private living quarters and excludes persons residing in institutions such as hotels, hostels, hospitals, prisons, boarding houses and workers residing in construction work site.
The survey comprises of the economically active and inactive population. To measure the economically active population, the LFS uses the age limit of 15 to 64 years. The economically active population comprises of those employed and unemployed whereas those who are inactive is classified as outside the labour force.
LFS uses the actual status approach, where a person is classified on the basis of his labour force activity during the reference week.
All persons not classified as employed or unemployed as stated above are classified as outside labour force. Includes housewives, students (including those going for further studies), retired, disabled persons and those not interested in looking for a job.
The economic activity of a population depends on the demographic characteristics of that population. The proportion of economically active population, therefore, differs between sub-groups of that population. These variations are measured by specific activity rates termed as labour force participation rate. Labour force participation rate is defined as the ratio of the labour force to the working age population (15 to 64 years), expressed as percentage.
Population by characteristics of age group, ethnicity and state were used as benchmarks to produce labour statistics.
Starting with the monthly release of the Principal Statistics of Labour Force, Malaysia, January 2016, the principal statistics of labour is estimated based on the current population estimates as compared to the previous series which used population projections based on the Population and Housing Census of Malaysia, 2010. This rebase is to obtain statistics that is more consistent with current population structure.
Release in PDF.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
8 May 2020
Mohd Yusrizal bin Ab. Razak
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : yusrizal.razak[at]dosm.gov.my