PUTRAJAYA, June 30 — Malaysia’s labour market gained momentum in 2024, recording its strongest post-pandemic performance yet, with key indicators showing improvement and stability expected to persist into 2025, said the Department of Statistics Malaysia (DOSM).
ISTANBUL, May 21 — A report by the International Labour Organisation (ILO) and Poland’s National Research Institute (NASK) revealed yesterday that 25 per cent of jobs worldwide are potentially exposed to generative artificial intelligence (GenAI), with clerical and highly-digital occupations facing the highest vulnerability.
PUTRAJAYA, May 9 — Malaysia’s labour market continued to chart steady progress in the first quarter of 2025, with key indicators showing growth in employment and labour force participation, coupled with a decline in the unemployment rate, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, Sept 5 — The ringgit opened firmer against the greenback on Thursday as the latest US jobs data pointed to slowing labour demand, suggesting the American economy is cooling and further strengthening expectations for an interest rate cut.
KUALA LUMPUR, June 5 — The ringgit opened higher today against the US dollar amid the United States soft labour market data, said an analyst.
KUALA LUMPUR, April 30 — The ringgit opened marginally lower against the US dollar today ahead of the highly anticipated Federal Open Market Committee (FOMC) meeting which will begin tonight.
KUALA LUMPUR, Feb 16 — Malaysia recorded a gross domestic product (GDP) growth of 3.7 per cent in 2023, after an expansion of 3.0 per cent in the fourth quarter (4Q) of the year, supported by continued recovery in economic activity and labour market conditions.
KUALA LUMPUR, Jan 11 — MIDF Research expects Malaysia’s retail trade to expand by 7.5 per cent in 2024 on the back of resilient consumer demand amid a healthy labour market and softening inflation pressure.
\KUALA LUMPUR, Jan 5 — The ringgit slipped further against the US dollar on the expectation that higher-for-longer interest rate narratives are likely to persist.
KUALA LUMPUR, Oct 10 — The labour market in Malaysia is expected to strengthen further in 2023 and 2024, backed by encouraging momentum in the domestic economy, said MIDF Research.
KUALA LUMPUR, Sept 11 — The government will focus on reforming the country's labour market with an emphasis on tackling the problem of skills mismatch, by the end of the 12th Malaysia Plan (12MP).
KUALA LUMPUR, Aug 25 — The labour market grew by 2.4 per cent in the second quarter (Q2), with 16.73 million people despite slower growth in employment and a smaller decline in unemployed persons, said the Statistics Department (DOSM) today.
KUALA LUMPUR, Aug 11 — Kenanga Investment Bank Bhd (Kenanga IB) expects the labour market to remain robust and tight for the rest of the year, with the average unemployment rate projected at 3.5 per cent.
KUALA LUMPUR, July 27 — The recent prints showing easing inflation and an improving labour market are positive indicators for the Malaysian economy, the Department of Statistics Malaysia (DOSM) said.
KUALA LUMPUR, June 9 — The Malaysian labour market is expected to strengthen further in 2023, underpinned by continuous upbeat momentum in the domestic economy and modest expansion in the external sector, according to MIDF Research.
PUTRAJAYA, May 19 – The labour market has expanded 2.5 per cent in the first quarter of this year with 16.65 million persons compared to 16.25 million persons in the same period last year, according to the Labour Market Review First Quarter 2023 released by the Department of Statistics Malaysia (DoSM) today.
KUALA LUMPUR, April 2 — While continued economic activity expansion is expected to occur in 2023 as conditions normalise following the Covid-19 pandemic, labour market reforms must accelerate to support economic growth, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, March 13 — Malaysia’s retail trade growth forecast will be able to touch 8.9 per cent for 2023 driven by the pent-up demand for the year underpinned by improving labour market, stable inflationary pressure, accommodative economic policies and an uptick in the tourism industry, MIDF Research said.
KUALA LUMPUR, Jan 10 — The labour market is on a steady path to recovery with the unemployment rate in the country showing a downward trend with only 600,900 (persons) in November 2022, compared to 602,000 in October 2022, said the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, Nov 30 — Malaysia’s encouraging economic growth and stable labour market situation will ensure the country’s economy remains on track, said the Department of Statistics Malaysia (DOSM).
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