KUALA LUMPUR: Kuala Lumpur recorded the highest median monthly wage in the third quarter of 2023 at RM3,800, says chief statistician Uzir Mahidin.
Citing the Employee Wages Statistics (Formal Sector) Report for the Third Quarter of 2023 released by the statistics department, Uzir said that Kuala Lumpur exceeded the national rate of RM2,600, together with Selangor at RM2,900 and Penang at RM2,645.
“Kelantan, Perlis and Sabah had the lowest median monthly wage during the same period, with each recording RM1,600, RM1,627 and RM1,800 respectively,” Bernama reported him as saying.
Uzir also said that the overall number of local workers in the formal sector rose by 1.3% to 6.68 million last September compared with the same month the previous year.
Of the total, he said 55.4% or 3.7 million were men, while 44.6% or 2.98 million were women.
Median monthly salaries in the formal sector saw a 5.8% increase for men to RM2,645 while women received RM2,518, with positive growth across all sectors in the third quarter of 2023.
In terms of wage distribution, 34.6% of formal workers in Malaysia received salaries below RM2,000 in September 2023.
“This percentage marks a drop from the 38.1% recorded the previous year. At the same time, almost 7.5% of formal workers received monthly wages of RM10,000 and above in September 2023,” he said.
In terms of age groups, Uzir said formal workers aged between 25 and 29 comprised one-fifth of all formal workers in September 2023, which is 19.9% or 1.33 million people.
“Those aged 65 and above recorded the lowest number of formal workers with 0.1 million people or 1.5%. The 45-49 age group received the highest median monthly wage in September 2023 at RM3,500. This age group also had the highest median monthly wage in July 2023 (RM3,482) and August 2023 (RM3,500).
“However, the group comprising those aged 20 and below received the lowest median monthly wage of RM1,500 in September 2023, remaining unchanged for three consecutive months throughout the third quarter of 2023,” he said. - FMT
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