Selangor's unemployment rate drops to 2.6% in first quarter of 2023, says exco rep

SHAH ALAM: Selangor recorded an unemployment rate of 2.6% in the first quarter (Q1) of 2023, compared with 2.9% in the same period last year.

State Youth, Sports and Human Capital Development Committee chairman Mohd Khairuddin Othman said that the drop in the unemployment rate was a positive development because it demonstrates the state's improving economic situation.

"This 2.6% is the domestic unemployment rate, based on data from the Statistics Department, which involves an estimated 60,000 to 70,000 individuals.

"This two-day carnival offers 10,000 job opportunities...our unemployment rate can go down further because every time we organise a similar carnival, no less than 2,000 individuals get direct employment,” he said.

He was speaking to the media after visiting the Selangor Mega Job Fair 2023, at the Shah Alam City Council (MBSA) Convention Centre, Saturday (June 17).

Mohd Khairuddin said the two-day carnival, which ends Sunday (June 18), offers more than 10,000 job opportunities from more than 100 companies and government agencies, with an estimated 15,000 visitors attending the carnival. - Bernama