Malaysia’s jobless shot up to 826,100 in MCO-era in May, most unemployment in 2020 yet | Malaysia | Malay Mail

Malaysia’s jobless shot up to 826,100 in MCO-era in May, most unemployment in 2020 yet | Malaysia | Malay Mail


KUALA LUMPUR, July 14 — The country’s unemployment rate rose to its highest point this year to reach 5.3 per cent in May, with the number of jobless Malaysians also reaching a high of 826,100 that month, the latest official statistics has shown.

In the Department of Statistics Malaysia’s (DOSM) release of the May 2020 unemployment figures, the situation had further worsened since joblessness reached 5.0 per cent in April.

The unemployment rate measures the percentage of the unemployed population in the labour force, with the labour force being those aged 15 to 64 and are either employed or unemployed.