73,000 jobs created in 2020


Mohd Uzir further explained that value added for 2020 contracted 5.6% as labour productivity per employment decreased by 5.4% to RM88,899 per person.

KUALA LUMPUR: The number of jobs created in 2020 decreased by 31,000 jobs to 73,000 from 104,000 jobs created in 2019, reflecting a softer labour demand from businesses in the private sector, said Department of Statistics Malaysia chief statistician Datuk Seri Dr Mohd Uzir Mahidin.(pic)

He said that preliminary numbers based on the average of quarterly labour force statistics indicated employed persons recorded a marginal increase to 15.10 million persons, while the unemployment figure edged up to 711,000 persons.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Japan's Nikkei hits all-time high on Wall Street rally, snap election bets
Ringgit extends gains against US$ at opening
FBM KLCI hits 1,700 as banks surge to record levels
Trading ideas: Sunway, IJM, TM, Lianson Fleet, HE, Vantris, IGB, Favelle Favco, AnwaBiru, Rexit, Melati Ehsan
S&P 500, Dow hit closing record highs; Walmart, tech climb
New major contract to boost KKB Engineering
TNB’s FY25 to FY27�net profit estimates raised�
Infrastructure rollout to bolster construction stocks
MSC earnings to climb amid tight supply
Financial scams surge ahead of Tet

Others Also Read