Macau Unemployment Rate  Forecast


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 2.30 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 Unemployment Rate
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Macau Labour Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 2 2.1 2.1 2.2 2.3 2.5
Employed Persons 382 382 378 377 377 372
Unemployed Persons 7.9 7.99 7.95 8.01 7.97 7.98
Population 0.64 0.65 0.64 0.65 0.65 0.66
Labor Force Participation Rate 71.4 71.46 71.48 71.49 71.49 71.49
Wages 15000 15000 15000 15000 15000 15000
Wages In Manufacturing 14000 12973 11911 11646 12989 12539