Overview
- In July 2024, the number of employed persons recorded a continuous upward trend, with a
growth of 0.2 per cent (+26.3 thousand persons), resulting in a total of 16.63 million persons
(June 2024: 16.61 million persons). The employment-to-population ratio which indicates the
ability of an economy to create employment, rose by 0.1 percentage points to 68.1 per cent
(June 2024: 68.0%).
- In terms of the economic sector, the number of employed persons in the Services sector continued
to increase, largely in Food & beverage services; Wholesale & retail trade; and Transportation &
storage activities. Likewise, the Manufacturing, Construction, Mining & quarrying and Agriculture
sectors also registered positive growth in the number of employments.
- The employees’ category constituted the largest composition of the total employed persons, with
a share of 75.0 per cent. In July 2024, this category registered a rise of 0.1 per cent
(+17.5 thousand persons) to 12.48 million persons as compared to the previous month
(June 2024: 12.46 million persons). Similarly, the number of own-account workers increased
further, with an addition of 8.2 thousand persons or 0.3 per cent to register
3.07 million persons (June 2024: 3.06 million persons).
- In July 2024, the number of unemployed persons continued to decrease, with a reduction of
1.6 thousand persons (-0.3%) to 563.7 thousand persons (June 2024: 565.3 thousand
persons). The unemployment rate during the month remained at 3.3 per cent as in the previous
month.
- The number of labour force in July 2024 remained its positive growth with an increase of
0.1 per cent or 24.6 thousand persons month-on-month to register 17.20 million persons
(June 2024: 17.17 million persons). July’s labour force participation rate (LFPR) held steady at
70.4 per cent as of June 2024.
- The number of persons outside the labour force in July 2024 registered a marginal decline of
0.01 per cent or equivalent to a reduction of 1.0 thousand persons to 7.23 million persons
(June 2024: 7.23 million persons). The major composition of the outside labour force was due to
housework/ family responsibilities with 42.8 per cent, while schooling/ training ranked
second with 41.4 per cent.
The full publication of the Labour Force Report, July 2024 can be downloaded through eStatistik Portal
Released by:
DEPARTMENT OF STATISTICS MALAYSIA
09 SEPTEMBER 2024
Technical Notes / Methodology
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