Labour demand up to 70.4pc, unemployment rate down to 3.3pc in 2024, says DOSM


PUTRAJAYA: The labour force participation rate (LFPR) in 2024 increased to 70.4 per cent compared to 70 per cent the previous year, according to Labour Force Statistics, Malaysia, December and fourth quarter 2024.

Chief Statistician of the Department of Statistics Malaysia (DOSM) Datuk Seri Dr Mohd Uzir Mahidin (pic) said that during the same period, the unemployment rate dropped to 3.3 per cent in 2024, compared to 3.4 per cent the previous year.

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