Overview

• The number of employed persons further increased in September 2024 with a rise of 0.2 per cent (+27.6 thousand persons) to 16.69 million persons (August 2024: 16.66 million persons). During the month, the employment-to-population ratio which indicates the ability of an economy to create employment, rose by 0.1 percentage points month-on-month to 68.2 per cent (August 2024: 68.1%). 

• In the economic sector, the number of employed persons which was concentrated in the Services sector continued to record increases, particularly in Food & beverage services; Wholesale & retail trade, and Information & communication activities. On the same note, the Manufacturing, Construction, Mining & quarrying and Agriculture sectors also registered a rise in employment.

• In September 2024, 75.1 per cent of the total employed persons were in the employees’ category. As compared to the previous month, this category recorded a slight increase of 0.1 per cent (+12.7 thousand persons), reaching a total of 12.51 million persons (August 2024: 12.50 million persons). A similar trend was also observed in the own-account workers category, with an increase of 0.3 per cent (+8.8 thousand persons) to register 3.09 million persons (August 2024: 3.08 million persons). 

• During the month, the number of unemployed persons continued to decline, with a decrease of 0.6 per cent (-3.2 thousand persons) to 555.3 thousand persons (August 2024: 558.5 thousand persons). The unemployment rate in September 2024 remained at 3.2 per cent, as recorded last month. 

• In September 2024, the number of labour force was on an upward trend, with an addition of 0.1 per cent (+24.4 thousand persons) to 17.24 million persons (August 2024: 17.22 million persons). Accordingly, a higher labour force participation rate (LFPR) was recorded during the month at 70.5 per cent compared to 70.4 per cent last month.

• The number of persons outside the labour force in September 2024 posted a marginal decrease of 0.01 per cent or equivalent to a reduction of 0.8 thousand persons to 7.23 million persons (August 2024: 7.23 million persons). The major composition for the outside labour force was housework/ family responsibilities, accounting for 42.9 per cent, followed by the schooling/ training category with 41.1 per cent.

The full publication of the Labour Force Report, September 2024 can be downloaded through eStatistik Portal

Released by:

DEPARTMENT OF STATISTICS MALAYSIA

08 NOVEMBER 2024

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Baharudin Mohamad

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