Malaysia’s labour productivity grew 3.7% in Q2

PETALING JAYA: ’s labour productivity rose 3.7% year-on-year in the second quarter of 2018, after registering 4.3% growth in the preceding quarter, according to Department of Statistics (DOSM).

According to DOSM, the report presents statistics on labour productivity per hour worked and labour productivity per employment by kind of economic activity.

During this quarter, Malaysia’s economy expanded 4.5% while hours worked increased 0.7%, the department said in a statement.

Meanwhile, it said labour productivity expressed in terms of value added per employment grew 2% as employment increased 2.4%.

It said the highest growth of labour productivity per hour worked was registered by mining and quarrying sector (6.2%), followed by construction (5%) and services sector (4.9%).

Agriculture sector recorded 3.4% while manufacturing sector grew 1.7% during this quarter, it added.

Source: The Sun Daily

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