Unemployment rate unchanged at 3.4% in October

PETALING JAYA: Malaysia's unemployment rate for October 2017 was unchanged at 3.4%, according to the Statistics Department.

Year-on-year, the unemployment rate was 0.1 percentage point lower than October 2016, the department said in a statement today.

On a seasonally adjusted month-on-month basis, the unemployment rate in October 2017 remained at 3.5%.

Labour force participation rate in October 2017 was 68%, rose 0.1 percentage point compared to the previous month.

Year-on-year showed that labour force participation rate in October 2017 increased by 0.4 percentage point.

The country's labour force increased 0.2% to 15.09 million in October 2017 compared to 15.06 million in the previous month.