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 Malaysia’s jobless rate stays at decade-low

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takbodoh722
post Sep 11 2025, 09:55 AM

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statistics can be easily massaged.

Do a simple count.

employees - 12.71m
own account - 3.21m
unemployed - 0.5m
Total - 16.42m

Where is the balance of the 34m population?

There are still an additional 7.2+m people who are categorised as "outside labour force".

Why some people focus on the 0.5m but miss 7m?

In comparison, sinkieland register 4m labour force on a 6m population (with unemployment 0.1m).

This post has been edited by takbodoh722: Sep 11 2025, 09:59 AM
takbodoh722
post Sep 11 2025, 10:15 AM

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The age breakdown is ~10m population for those age 0-19. Its 3.1m for those 20-24 and ~2.7m population for those age 65 and above.

34-10-2.7 = 21.3m should represent the full labour force (20-64).

Even if minus 3.1 assuming everyone doesn't work until age 25 in bolehland and no one works beyond 64, there is still an under-accounting of the labour force of ~2m.

The housewife segment should be pretty big, otherwise people retire very early.

I wouldn't pat the back just because someone only record 0.5m as unemployment.






takbodoh722
post Sep 11 2025, 10:20 AM

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In practice it should be age 15 and above to include into labour force. 15-24 is considered youth employment.
takbodoh722
post Sep 11 2025, 01:31 PM

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QUOTE(empyreal @ Sep 11 2025, 10:42 AM)
Labour force has a specific meaning, and excludes those who are not seeking work (including housewives, people on sabbaticals, those living off otger incomes etc). It's not just based on age.
7.2+ million people can work but not seeking work in Bolehland.....

Only 0.5 million people can work and seeking work in Bolehland.....

Clearly a lot of unemployed on sabbatical.

funny how some people want pat on back for only 0.5m looking for work.

This post has been edited by takbodoh722: Sep 11 2025, 01:33 PM
takbodoh722
post Sep 11 2025, 02:47 PM

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QUOTE(empyreal @ Sep 11 2025, 02:26 PM)
It's literally how the labour force is calculated internationally. What you're referring earlier is the working-age population.

The labour force participation rate is the figure that connects the two. Malaysia's (70.8%, as reported in the article) is comparable to Singapore and higher than China.
Labour force participation rate is the percentage of the labour force to the population aged fifteen years & over.

Malaysia population 15 y/o onwards is 26.4 million.

70.8% means labour force of 18.7 million.

12.71 million +3.21 million + 0.5 million = 16.5 million. Still missing 2.2 million.

 

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