Malaysia’s unemployment rate seems to have dropped, going by the figure released in Parliament today.
Human Resources Minister Richard Riot Jaem said that as of September this year, the unemployment rate was 2.7 per cent compared to three per cent in 2013 and 3.1 per cent the year before, The Star Online’s Yuen Meikeng reports.
“According to the International Labour Organisation, a country that has an unemployment rate of below 4 per cent is considered to have a zero unemployment rate. Seeing that Malaysia only recorded 2.7 per cent so far this year, we can be said to have zero unemployment,” he reportedly told lawmakers.
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