The unemployment rate in Macau came in at 3.5 percent in the three-month period ending April of 2022, the same as that of the previous three-month period. The current reading was the highest jobless rate since the three months to October of 2009. The number of unemployed stood at 13,300. Whereas the employed population fell by 800 to 370,400, mostly in construction, and gaming & junket activities. Meanwhile, the labour force participation rate edged up to 69.1 percent from 68.8 percent in the previous period. source: Statistics and Census Service, Government of Macao SAR
Unemployment Rate in Macau averaged 3.52 percent from 1996 until 2022, 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 June of 2022.
Unemployment Rate in Macau is expected to be 2.50 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 2023, according to our econometric models.