The jobless rate in Malaysia has dropped from 3.1% to 2.9% so far this year, said Deputy Finance Minister Datuk Donald Lim Siang Chai.
Lim said this had surpassed the employment performance in places such as the United States and Europe, where unemployment hovers at 9% and 11% respectively.He added that Malaysia had managed to soar above the eurozone economic crisis due to the level of investor confidence in the country.
(To look at it simply) at a 3% unemployment rate, it is almost as if everyone has a job,” Lim said
