Unemployment rate set to decline further this year

TA Research expects the unemployment rate to average 3.1% in 2025, potentially reaching 3% by year-end.

PETALING JAYA: Malaysia’s labour market is poised to improve further in 2025, supported by government initiatives, a resilient domestic economy and a robust tourism sector.

The unemployment rate is expected to gradually decline, with analysts projecting a range of 3% to 3.2% for the year.