FX.co ★ Malaysia’s Jobless Rate Holds Steady at 2.9% in March 2026

Malaysia’s labour market showed continued resilience in March 2026, as the national unemployment rate remained unchanged at 2.9%. The figure matches the level recorded in February 2026, underscoring a period of stability in employment conditions.

The steady reading suggests that, as of the latest data update on 12 May 2026, Malaysia has maintained a relatively low jobless rate through the first quarter of the year. While there was no further improvement compared with February, the persistence of a sub-3% unemployment rate points to an economy that is, for now, successfully absorbing workers into the labour market without a visible uptick in joblessness.