PETALING JAYA: Malaysia’s labour productivity, as measured by value added per hour worked, rose 2.9% in the third quarter (Q3) of 2018 after registering 3.8% in Q2 2018, according to the Department of Statistics.
During this quarter, Malaysia’s gross domestic product (GDP) grew 4.4%, while hours worked increased 1.4%, the department said in a statement.
The growth of labour productivity in the manufacturing sector stepped up to 2.4% (Q2 2018: 1.7%), while the value added of this sector registered a growth of 5% (Q2 2018: 4.9%) amid the 2.7% increase in employment.
However, labour productivity of mining and quarrying sector decreased 2.9% (Q2 2018: 6.2%), and the growth of value added continued its declining trend to a negative 4.6% (Q2 2018: -2.2%), while employment dropped 5.3%.
Labour productivity in agriculture sector moderated to 1.4% in Q3 2018 (Q2 2018: 3.4%). In terms of value added, this sector posted a negative growth of 1.4% (Q2 2018: -2.5%).
Meanwhile, labour productivity by value added per employment of this sector dropped 1.9% (Q2 2018: 1.3%) as employment increased 0.6%.
