Market Intelligence Reports

Quarterly Global Market Report Q1 2021

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83 February, 2021 Key Sources: Malaysia Total Workforce (000s) Dec '20 15,993 Unemployed Workers (000s) 768 Unemployment Rate 4.8% Youth Unemployment Rate 12.7% 9,719 16,898 2,272 540 2,884 53 19 years or Under Prime Working Age (20 -64 years) 65 years+ Local Born Foreign Born Population In Thousands 9,291 9,295 9,129 9,230 9,273 3.1% 3.4% 4.7% 4.7% 4.8% 5,964 5,949 5,755 5,866 5,889 3.5% 3.5% 5.5% 4.6% 4.8% 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 Male Employed Male Unemployed (%) Female Employed Female Unemployed (%) 81.1% 80.8% 80.2% 80.5% 80.7% 56.1% 55.8% 55.0% 55.3% 55.3% 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 Male Participation Rate Female Participation Rate 10.7% of the population is foreign born. 62% of migrants are male. 1.9 million Malaysians have emigrated. In response to high rates of Covid-19 infections in migrant workers, an emergency ordinance has been implemented to oblige employers to provide adequate lodgings that meet the minimum standard for worker accommodation. Malaysia is will offer the vaccine to all foreigners irrespective of documentation. Malaysia is also enabling non-documented migrants to work in labor intensive industries including the palm oil sector which usually hires foreign workers. 76% of the population live in urban areas. More than 1,100 Covid-19 deaths. Borders are closed to all non-Malaysian residents with very few exceptions. Arrivals require a negative test and quarantine. Non-essential businesses in high risk areas are closed. Travel between districts is banned. Depending on risk area, younger students returned to school on March 1 with older students due to return in April. Impact of Covid-19 on Labor Force Over Time Labor Force Participation Rates by Gender Migration Migration Migrant Stock by Working Age (June 2020) Latest Labor Force Statistics Workforce Labor Force Employed and Unemployed by Gender Covid-19 – Daily Confirmed Cases (7 Day Average) Covid-19 Restriction Update (End of February 2021) Covid-19 Update and Restrictions Employed W orkers in Thousands

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