The unemployment rate in Macau stood at 1.7 percent in January-March 2019, the same as in the previous period and staying at its lowest level since February-April 2015 period. Total number of unemployed fell by 2.6 percent to 6.5 thousand and employment declined 1 thousand (-0.3 percent) to 387.1 thousand. Job gains were seen in hotels & similar activities, and gaming & junket activities; while losses were reported in wholesale & retail trade, construction, and restaurant & similar activities. The labor force participation rate edged down to 70.4 in January-March from 70.8 in the prior period. In January-March 2018, the jobless rate was higher at 1.9 percent. Unemployment Rate in Macau averaged 3.66 percent from 1996 until 2019, reaching an all time high of 7.10 percent in June of 2000 and a record low of 1.70 percent in January of 2014.

Unemployment Rate in Macau is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Macau to stand at 1.90 in 12 months time. In the long-term, the Macau Unemployment Rate is projected to trend around 1.70 percent in 2020, according to our econometric models.

Macau Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-28 03:30 AM Unemployment Rate 1.7% 1.7% 1.70%
2019-02-27 03:00 AM Unemployment Rate 1.7% 1.7% 1.7%
2019-03-27 04:00 AM Unemployment Rate 1.7% 1.7% 1.7%
2019-04-30 12:00 AM Unemployment Rate 1.7% 1.7% 1.7%
2019-05-28 04:00 AM Unemployment Rate 1.7% 1.90%
2019-06-27 03:30 AM Unemployment Rate 1.90%
2019-07-27 03:10 AM Unemployment Rate 1.90%


Macau Labour Last Previous Highest Lowest Unit
Unemployment Rate 1.70 1.70 7.10 1.70 percent [+]
Employed Persons 387.10 388.00 399.50 193.00 Thousand [+]
Unemployed Persons 6.50 6.90 15.00 6.00 Thousand [+]
Population 0.65 0.64 0.65 0.17 Million [+]
Wages 16000.00 16000.00 16000.00 4578.00 MOP/Monthly [+]
Wages In Manufacturing 13000.00 9500.00 14000.00 2656.00 MOP/Monthly [+]
Labor Force Participation Rate 71.50 70.90 74.40 60.80 percent [+]


Macau Unemployment Rate

In Macau, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Macao Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Macau Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.70 1.70 7.10 1.70 1996 - 2019 percent Monthly




Country Last Previous
South Africa 27.60 Mar/19
Spain 14.70 Mar/19
Turkey 14.70 Feb/19
Brazil 12.70 Mar/19
Italy 10.20 Mar/19
Argentina 9.10 Dec/18
France 8.70 Mar/19
Euro Area 7.70 Mar/19
Saudi Arabia 6.00 Dec/18
Canada 5.70 Apr/19
Australia 5.20 Apr/19
Indonesia 5.01 Mar/19
Russia 4.70 Mar/19
South Korea 4.10 Apr/19
United Kingdom 3.80 Mar/19
China 3.67 Mar/19
United States 3.60 Apr/19
India 3.53 Dec/18
Netherlands 3.30 Apr/19
Germany 3.20 Mar/19
Mexico 3.20 Mar/19
Japan 2.50 Mar/19
Switzerland 2.40 Apr/19
Singapore 2.20 Mar/19


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