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Talent Solutions - APAC QMR Q2 2023 | 46 Malaysia a s a s a s a s a s Latest Available Data Q2 2023 Total Labor Force (000s) 16,649 Employed Workers (000s) 16,066 Unemployed Workers (000s) 583 Unemployment Rate 3.5% ▪ 9% of the Labor force is 55 years+ ▪ Retirement age in Malaysia is 60 years ▪ While the most growth in the number of participants in the Labor force has been driven by the 25 years+, there has been an increase in Labor force participation among 15-24 year olds. a a s a a s a a s a a s a a a a Workforce Statistics Age Profile of Labor Force TalentNeuron Labor Force Participation Rates by Age and Sex Hiring Demand Trend by Job Function Hiring Demand Trend For Vacancies Number of Participants in Labor Force By Age & Sex (000s) ILOSTAT Modelled Estimates https://www.dosm.gov.my ILOSTAT