Malaysia's labor productivity increased by 2.4% in Q2, reaching 41.7 ringgit per hour.

Malaysia's labor productivity increased 2.4% in Q2 to 41.7 ringgit (9.52 USD) per hour, boosted by stronger economic growth. Labor productivity per employment grew by 3.1%, with total hours worked at 9.6 billion hours. The Department of Statistics Malaysia forecasts further improvements in labor productivity due to positive labor market trends and growing business activities.

August 22, 2024
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