Myanmar Employment RateBurma Employment rate
Unemployment rate in Myanmar, % of total active population. Burma Statistical Yearbook Current Data:
Unemployment in Myanmar | 1994-2018 | Dates | Graphic | Diary
Myanmar's rate of joblessness rose from 4.02 per cent in 2013 to 4.10 per cent in 2014. The average Myanmar jobless rate from 1994 to 2014 was 4.04 per cent, peaking at an all-time high of 4.15 per cent in 1995 and a historic low of 4 per cent in 2009. This enables customers to access tens of thousands of historical information, access our real-time business calendars, sign up for newsletters, and get currency, commodity, equity and bond prices.
Myanmar's rate of unemployed persons is measured as a percent of the working population. Myanmar jobless rate - current figures, historic figures, forecasts, graphs, stats, business calendars and newsworthiness. The Myanmar jobless rate - current figures, historic graph and publication schedule - was last revised in June 2018.
Employment growth notwithstanding high joblessness
Workers in Yangon this year will be more than 33 per cent more than in 2012, although the rate of employment is still high, according to the MOLS. The Yangon has an annual growth of almost 60,000 persons who register their employment with the Ministry's employment services, which is projected to grow by almost 100,000 by the end of 2014.
The Yangon area employed about 600,000 in 2011, rising to 666,664 in 2012 and 720,794 in 2013. Anyone who registers their employment with the Department must declare their income, but is entitled to fringe benefit and employee protection.
It is generally assumed that these numbers conceal major problems of casualty, especially those facing new arrivals in Yangon. Yet pundits say that in order to continue to burden the state economy, the rise in the number of unemployed and the growth of the region's population must be tackled - funded by state revenues. In spite of these annual rises, Yangon continues to be affected by joblessness, mainly due to a shortage of employment possibilities and a co-ordination issue where applicants do not have direct contact with official vacancies, networking or employment services.
Yangon Capital, home to nearly 8 million inhabitants, employs nearly 200,000 in the clothing sector, one of the biggest employment industries, and is expected to attract growing levels of overseas investments. "Most of the legal residents of Yangon come from other parts of the world. A lot of employment has also been generated by the advent of FDI, with the number of officially enrolled employees almost doubling," said U Thet Htun, Ministry of Labour' Sr.
As a result, there is a large gulf between the active and the overall Yangon workforce. Though employment in Yangon has grown, those without a social networking system are looking for work through employment services, while some are working in their accustomed environment and context. Part of the high number of unemployed is caused by the shortage of recruiting possibilities for young men from the administration, U Steven Thar Bate said before an upper chamber of this house of parliament.
According to MEPs, more jobs need to be generated to keep the annually growing Yangon workforce busy, and the reduction in the rate of unemployed will depend on the country's economy.