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Monthly Principal Statistics Of Labour Force, Malaysia, December 2014
Overview
|
Labour Market in Malaysia, December 2014 |
Series 67 Vol.02/2015 |
|
Indicator
|
Previous Month | Same month of the previous year |
||||
|
December
2014
|
November 2014 |
Change % |
December 2013r |
Change
(%)
|
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|
Labour force (‘000)
|
14,180.5 | 14,082.9 | 0.7 | 13,920.5 | 1.9 | |
|
Employed (‘000)
|
13,748.4 | 13,707.8 | 0.3 | 13,497.0 | 1.9 | |
|
Unemployed (‘000)
|
432.1 | 375.1 | 15.2 | 423.5 | 2.0 | |
|
Outside labour force (‘000)
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6,700.6 | 6,777.1 | -1.1 | 6,663.1 | 0.6 | |
|
Labour force participation rate (LFPR) (%)
|
67.9 | 67.5 | 0.4 | 67.6 | 0.3 | |
|
Unemployment rate (%)
|
3.0 | 2.7 | 0.3 | 3.0 | - | |
| Seasonally adjusted | ||||||
|
Unemployment rate (%)
|
2.9 | 2.8 | 0.1 | 2.9 | - | |
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Labour force participation rate increased to 67.9% The participation in the labour force experienced an increase of 0.4 percentage point to 67.9 per cent in December 2014 as compared to 67.5 per cent in the previous month. Year-on-year comparison showed that the labour force participation rate was 0.3 percentage point higher as compared to 67.6 per cent in December 2013. |
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Unemployment rate increased to 3.0%
The unemployment rate increased to 3.0 per cent in December 2014 as compared to 2.7 per cent in November 2014. However, the unemployment rate for the current month was similar with the rate that was recorded in December 2013. The seasonally adjusted unemployment rate was 2.9 per cent, increased by 0.1 percentage point as compared to the previous month. |
TECHNICAL NOTES
The LFS uses the actual status approach, where a person is classified, on the basis of his labour force activity during the reference week.
- Labour force refers to those who, during the reference week, are in the 15 to 64 years (in completed years at last birthday) and who are either employed or unemployed;
- Employed refers to all persons who, at any time during the reference week worked at least one hour for pay, profit or family gain (as an employer, employee, own-account worker or unpaid family worker). Also considered as employed are persons who did not work during the reference week because of illness, injury, disability, bad weather, leave, labour dispute and social or religious reasons but had a job, farm, enterprise or other family enterprise to return to. Also included are those on temporary lay-off with pay who would definitely be called back to work. Employed persons who had worked less than 30 hours during the reference week because of the nature of their work or due to insufficient work and are able and willing to accept additional hours of work are considered underemployed but are nevertheless included in the 'employed' category.
- Unemployed
The unemployed are classified into two that is the actively unemployed and inactively unemployed. The actively unemployed include all persons who did not work during the reference week but were available for work and actively looking for work during the reference week.
Inactively unemployed persons include the following categories:
(a) persons who did not look for work because they believed no work was available or that they were not qualified;
(b) persons who would have looked for work if they had not been temporarily ill or had it not been for bad weather;
(c) persons who were waiting for result of job applications; and
(d) persons who had looked for work prior to the reference week.
- The economic activity of a population depends on the demographic characteristics of that population. The proportion of economically active persons, therefore, differs between subgroups of that population. These variations are measured by specific activity rates termed labour force participation rate. Labour force participation rate is defined as the ratio of the labour force to the working age population (15 to 64 years), expressed as percentage.
- Unemployment rate is the proportion of unemployed population to the total population in labour force. This rate measures the percentage of unemployed population in the labour force.
Seasonally adjusted
Released By:
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
25 February 2015
Contact person:
Norrita binti Amran
Public Relation Officer
Corporate and User Services Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : norrita.amran@stats.gov.my
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