Malaysia: Employment boom amid investment surge

New Delhi: Malaysia’s job market is buzzing as the recorded investment soared to 76 billion ringgits in the first quarter of this year.
This surge in investment means that Malaysia’s labour market is showing resilience, with job numbers increasing by 44,500 in March 2025, reflecting a promising 0.3 per percent growth to 16.8 million, the media reported.
Despite a stable unemployment rate at 3.1 per percent, fewer Malaysians found themselves without work, marking a decrease of 3,200 to 529,600 unemployed persons.
The services sector also contributed to the Malaysian economy, and the manufacturing and construction sectors made a positive impact on the country’s economy.
The overall labour force hit 17.3 million, highlighting a strong workforce participation rate of 70.7  percent. Enhancing this optimistic scenario, median monthly wages pushed upwards by 4.7% to 2,900 ringgits, indicating an upward trend in income conditions concurrent with job creation.
The surge in investments will also play an important role in the country’s foreign investment.
The region is attractive for foreign investment in the Southeast Asian region. On the national level, by securing good investment, the country will have economic stability, good employment opportunities, and good spending power in economic metrics, and great economic stability will help the nation set itself as a pivotal hub in the Southeast Asia region.

(Subham Singh)