Kuala Lumpur, 11 November 2026 – Malaysia’s unemployment rate held at 2.9% in September, the Department of Statistics Malaysia reported on Wednesday. Employment increased to 16.89 million from 16.87 million in August, while the number of unemployed people rose to 513,200 from 511,600. Both figures can rise at the same time because more people were in the labour force.
For Malaysian employers and Asian investors, the figures point to continued expansion in employment without a meaningful shift in the headline jobless rate. That supports a steadier reading of the labour market than the rise in the number of unemployed might suggest on its own. The survey does not, however, show that wages or hours increased at the same pace as employment, or that hiring conditions improved equally across occupations and locations.
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