Malaysia’s labour productivity, measured by value-added per hour worked, remains at 2.4 per cent in the second quarter of 2019. — Picture by Sayuti Zainudin
The labour productivity per person employed which grew at 2.8 per cent reflected a 4.9 per cent growth in value-added and a 2.1 per cent growth in employment, it said. Miti said productivity growth could be maximised through the utilisation of physical inputs by way of enhancing the application of knowledge embodied in the capital, labour and new technologies.
“In the second quarter, the global economy grew moderately at 3.2 per cent due to a slowdown in several major economies caused by trade tension and declining confidence,” it said.
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