Macau Unemployment Rate  Forecast


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Unemployment Rate in Macau is expected to be 2.10 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 2.20 in 12 months time. In the long-term, the Macau Unemployment Rate is projected to trend around 2.50 percent in 2020, according to our econometric models.


Macau Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 2 2.1 2.2 2.3 2.2 2.5
Employed Persons 381 377 376 375 373 356
Unemployed Persons 7.7 7.83 7.88 8.03 8.13 8.91
Population 0.64 0.65 0.65 0.65 0.65 0.66
Labor Force Participation Rate 71 70.81 70.76 70.71 70.66 70.24
Wages 15000 14953 14924 14890 14854 14491
Wages In Manufacturing 15000 11985 12671 12947 12654 12403