Macau Unemployment Rate  Forecast


Macau Unemployment Rate
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Unemployment Rate in Macau is expected to be 2.20 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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 1.9 2.2 2.3 2 2.2 2.5
Employed Persons 381 376 375 373 371 356
Unemployed Persons 7.7 7.88 8.03 8.13 8.26 8.91
Population 0.64 0.65 0.65 0.65 0.65 0.66
Labor Force Participation Rate 70.4 70.35 70.32 70.28 70.25 70.01
Wages 15000 14954 14926 14893 14857 14543
Wages In Manufacturing 15000 14065 14022 14132 14078 13810