Malaysia-LABOUR MARKET

Labour market indicators

Unemployment rate in 2001 : 3.9% (ILO data)

Working population:

Year	Total Population	Working population	Activity rate
2004	25 209 106	11 005 791	44%

Source: World Bank

Employment by sector:

Year	Agriculture	Industry	Services
2004	14.8%	30.1%	55.1%

Sources: ILO, Eurostat, last available data

Employment contracts

Employment contracts are regulated by legal clauses. Within major companies and within certain sectors, collective agreements can complement them.
The terms of employment contracts cannot be changed. The conditions for hiring are rather rigid while the limits for dismissal are flexible.

Salaries

National monthly minimum wage as of 01/01/03 : No legally mandated national minimum wage

Average wage for a employee in the manufacturing industry in 2001 : 1,531 ringgit by  month (ILO data)

Social security contributions

Employer: 1.5 %.

Employee: 0.5 %.

Number of hours

Legal definition of full time work (per week): 48 hours

Retirement age:

55

Unions

Average rate of union membership: 10 %.

Unions: There is only one official trade union, " Malaysian Trade Union Corporation " ( MTUC).

Useful links

For further informations on the labour market, check out the following web sites:

- International Labour Organization (ILO): studies, statistics and reports on working conditions and labour markets

- NATLEX : ILO database on national labour laws

- Ministry of Human Resources