The unemployment rate in Macau fell to 2.8 percent in August to October period of 2021, compared to 2.9 percent in the previous three-month period. The number of unemployed decreased by 300 to 10,900. Also, the number of employed increased by 800 to 376400, mostly in construction, and wholesale and retail trade. The labour force participation rate edged up to 68.6 percent from 68.5 percent in the previous three-month period. source: Statistics and Census Service, Government of Macao SAR

Unemployment Rate in Macau averaged 3.52 percent from 1996 until 2021, 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. 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 - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

Unemployment Rate in Macau is expected to be 2.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macau Unemployment Rate is projected to trend around 2.50 percent in 2022, according to our econometric models.

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Macau Unemployment Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-10-29 10:00 AM Sep 2.9% 2.8%
2021-11-26 10:00 AM Oct 2.8% 2.9% 2.8%
2021-12-30 10:00 AM Nov 2.8%


Related Last Previous Unit Reference
Unemployment Rate 2.80 2.90 percent Oct/21
Employed Persons 375.60 375.90 Thousand Sep/21
Unemployed Persons 11.20 11.10 Thousand Sep/21
Population 0.68 0.67 Million Dec/20
Labor Force Participation Rate 68.60 68.50 percent Oct/21
Wages In Manufacturing 12000.00 10500.00 MOP/Monthly Jun/21
Wages 15500.00 15300.00 MOP/Monthly Jun/21

News Stream
Macau Jobless Rate Falls to 2.8% in August-October
The unemployment rate in Macau fell to 2.8 percent in August to October period of 2021, compared to 2.9 percent in the previous three-month period. The number of unemployed decreased by 300 to 10,900. Also, the number of employed increased by 800 to 376400, mostly in construction, and wholesale and retail trade. The labour force participation rate edged up to 68.6 percent from 68.5 percent in the previous three-month period.
2021-11-26
Macau Jobless Rate Edges Up to 2.9% in July-September
The unemployment rate in Macau edged up to 2.9 percent in July- September period of 2021, from 2.8 percent in the previous three-month period. The number of unemployed increased by 600 to 11,200. Also, the number of employed declined by 700 to 375,600 particularly in restaurants and similar activities. The labour force participation rate remained unchanged at 68.5 percent.
2021-10-29
Macau Jobless Rate Fell to 2.8% in June-August
The unemployment rate in Macau fell to 2.8 percent in June to August period of 2021, compared to 2.9 percent in the previous three-month period. The number of unemployed decreased by 400 to 10,600. Also, the number of employed increased by 3400 to 376300, mostly in gaming & junket activities, and restaurants and similar activities. The labour force participation rate edged up to 68.5 percent from 67.9 percent in the previous three-month period.
2021-09-28

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.