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The population of Malaysia was estimated to be 33,140,178. Malaysia's labour force continued to see improvements in January 2022, with all states having moved to

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The population of Malaysia was estimated to be 33,140,178. Malaysia's labour force continued to see improvements in January 2022, with all states having moved to Phase Four of the National Recovery Plan. This growth was led by the continuous rise in employment while unemployed trended down. The Malaysia had a labor force of 15,690,000 and unemployment of 680,000, the Department of Statistics Malaysia (DOSM, 2022). Answer the following questions and show your workings. a) Calculate the unemployment rate. (2 Marks) b) Calculate the participation rate. (2 Marks) c) Calculate the employment ratio. (2 Marks) d) Recalculate the unemployment rate if 1 million previously discouraged workers re-enter the workforce and start looking for work but do not immediately find employment. (4 Marks)

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