Malaysian unemployment rate up in November 2020

KUALA LUMPUR (BERNAMA) – Malaysia’s unemployment rate rose by a marginal 0.1 percentage point month-on-month to 4.8 per cent in November 2020 with 764,400 unemployed persons, the Department of Statistics Malaysia said yesterday.

Chief statistician Dr Mohd Uzir Mahidin said the Conditional Movement Control Order (CMCO) implemented during the month, which saw economic activities continuing to operate with adherence to strict standard operating procedures, resulted in a small decrease in employment while the unemployment rate was slightly higher compared with the previous month.

“Among others, this may be due to job losses and cancellation or freezing of new hires,” he said in a statement today.

Mohd Uzir said the number of unemployed persons rose by 2.2 per cent or 16,200 persons to 764,400 in November (October 2020: 748,200 persons).

The actively unemployed – defined as persons who are available for work and are actively looking for work – went up by 2.3 per cent to 637,700 persons (October 2020: 623,100 persons).

“Likewise, the inactively unemployed or discouraged group who believed there were no jobs available increased by 1.3 per cent to 126,700 persons (October 2020: 125,100 persons),” he said.

Elaborating on the employment situation, Mohd Uzir said the number of employed persons dropped by 11,000 persons to 15.20 million persons in November (October 2020: 15.21 million persons) after recording an upward trend for five consecutive months.

During the month under review, those in the employees category increased by 0.2 per cent (19,600 persons) to 11.78 million persons while own-account workers dropped by 0.6 per cent to 2.41 million persons.