Macau Unemployed Persons - Forecast

Unemployed Persons in Macau is expected to be 7.88 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Macau to stand at 8.26 in 12 months time. In the long-term, the Macau Unemployed Persons is projected to trend around 9.10 Thousand in 2020, according to our econometric models.


Macau Unemployed Persons
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Macau Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 1.9 2.2 2.3 2 2.2 2.5
Employed Persons 381 376 375 373 371 348
Unemployed Persons 7.7 7.88 8.03 8.13 8.26 9.1
Population 0.64 0.65 0.65 0.65 0.65 0.66
Wages 15000 14954 14926 14893 14857 14383
Wages In Manufacturing 15000 14065 14022 14132 14078 13689
Labor Force Participation Rate 70.4 70.35 70.32 70.28 70.25 69.9