Malaysia's Jobless Rate Remains Steady at 2.9% in February

Malaysia's unemployment rate stood at 2.9% in February, unchanged from the previous month, according to data released by the country's Department of Statistics on Friday.The number of unemployed persons in Malaysia declined by 0.6% to 506,800 in February from 509,600 in January.The number of employed persons, however, edged up 0.1% to 16.79 million, while the employment-to-population ratio held steady at 68.8%.The Southeast Asian country's labor force expanded by 0.1% month over month to 17.30 million, with the labor force participation rate unchanged at 70.9%, the data showed.

-- Malaysia's unemployment rate stood at 2.9% in February, unchanged from the previous month, according to data released by the country's Department of Statistics on Friday.

The number of unemployed persons in Malaysia declined by 0.6% to 506,800 in February from 509,600 in January.

The number of employed persons, however, edged up 0.1% to 16.79 million, while the employment-to-population ratio held steady at 68.8%.

The Southeast Asian country's labor force expanded by 0.1% month over month to 17.30 million, with the labor force participation rate unchanged at 70.9%, the data showed.