PETALING JAYA: The labour force survey conducted by the government showed that unemployment rate for 2020 had risen to a record level of 4.5% due to the ongoing Covid-19 pandemic.
“The unemployment rate rose to 4.5% in 2020, the highest rate recorded since 1993 (4.1%), ” chief statistician Datuk Seri Mohd Uzir Mahidin (pic below) said in a press statement yesterday.
The Statistics Department said the health crisis had a huge impact on the labour force which led to the unemployment rate moving above 4% compared to an average of 3% pre-Covid-19 pandemic.