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

Malaysia’s labour market showed continued stability in early 2026, with the national unemployment rate unchanged at 2.9% in February, matching January’s reading. The latest figure, updated on 10 April 2026, indicates that joblessness has remained at historically low levels for two consecutive months.

The flat reading suggests that hiring and job separation are broadly in balance, with no immediate signs of deterioration in labour conditions. While the data do not yet signal a new phase of expansion in employment, they reinforce the view that Malaysia’s economy is sustaining a tight job market as it moves further into 2026. Investors and policymakers are likely to watch upcoming releases closely for any signs of renewed momentum or emerging pressure points in the labour market.