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Message: [QUOTE="Munyaradzi Mafaro, post: 50775, member: 636"] Malaysia's job market keeps getting better as fewer people struggle to find work. The Department of Statistics Malaysia reported that 522,400 people remained jobless in May compared to 525,900 in April. Officials counted 3,500 fewer unemployed workers during the month. The unemployment rate held steady at 3.0 percent for the second month running. Chief Statistician Mohd Uzir Mahidin called the numbers encouraging for the country's economy. More Malaysians landed jobs as the total workforce expanded to 16.86 million people in May. Companies hired an extra 40,000 workers compared to the previous month. The services sector led the hiring spree with restaurants, shops, and transport companies adding staff. Manufacturing, construction, farming, and mining businesses also brought on new employees. Every major industry contributed to the job growth during May. Young workers aged 15 to 24 saw their unemployment rate fall to 10.2 percent from higher levels earlier. About 297,700 young people remained without jobs compared to 298,300 in April. The broader youth category covering ages 15 to 30 had 399,000 unemployed workers. Their jobless rate stood at 6.2 percent during the month. Government policies and business investments helped create more opportunities for younger Malaysians. Experts expect the positive job trends to continue over the coming months. Strong domestic economic foundations support the steady employment growth. Government spending on worker training and education programs helps maintain stability. Global economic challenges still pose risks but Malaysia's job market remains resilient. The country's focus on developing human skills keeps unemployment levels manageable. [/QUOTE]

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