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Malaysia's unemployment rate down 3.3% in February 2018

Malaysia's unemployment rate inched down to 3.3% in February 2018, marking a 0.1% drop in comparison with the previous month, said the Department of Statistics (DoS).

The unemployment rate dropped in February to 0.2% on year-on-year basis, according to the DoS report released on Monday.

The DoS said the number of labor force increased 0.3% in February 2018 to 15.23 million against 15.19 million in January.

On the labor force participation rate in February 2018, the department said it remained unchanged at 68.2% compared with that of the previous month.

"On y-o-y comparison, the labor force participation rate in February 2018 increased 0.4% from the same month a year ago," it said.

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