The unemployment rate in Macau edged higher to 3.7% in June of 2022, the highest since September of 2009, from 3.4% in May. The number of unemployed increased by 1,100 to 13,900. Among the unemployed searching for a new job, most of them were previously engaged in gaming & junket activities and in the construction sector. Meanwhile, the proportion of new labour market entrants seeking their first job went up by 0.4 percentage points to 7% of the total unemployed. The labour force totalled 378,100 and the labour force participation rate was 68.3%. Total employment was 364,200. 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 August 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.

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Macau Unemployment Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-06-28 10:30 AM May 3.4% 3.5% 3.4%
2022-07-29 11:00 AM Jun 3.7% 3.4% 3.3%
2022-08-26 10:00 AM Jul 3.7% 3.7%


Related Last Previous Unit Reference
Unemployment Rate 3.70 3.40 percent Jun 2022
Employed Persons 364.20 371.20 Thousand Jun 2022
Unemployed Persons 13.90 13.30 Thousand Jun 2022
Population 0.68 0.68 Million Dec 2021
Labor Force Participation Rate 68.30 68.30 percent Jun 2022
Wages 15600.00 16000.00 MOP/Monthly Dec 2021
Wages in Manufacturing 12000.00 12000.00 MOP/Monthly Sep 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
3.70 3.40 7.10 1.70 1996 - 2022 percent Monthly

News Stream
Macau Unemployment Rate Highest since 2009
The unemployment rate in Macau edged higher to 3.7% in June of 2022, the highest since September of 2009, from 3.4% in May. The number of unemployed increased by 1,100 to 13,900. Among the unemployed searching for a new job, most of them were previously engaged in gaming & junket activities and in the construction sector. Meanwhile, the proportion of new labour market entrants seeking their first job went up by 0.4 percentage points to 7% of the total unemployed. The labour force totalled 378,100 and the labour force participation rate was 68.3%. Total employment was 364,200.
2022-07-29
Macau Jobless Rate at 3-Month Low
The unemployment rate in Macau fell to 3.4 percent in the March to May period of 2022, from 3.5 percent in the previous three-month period. The current reading was the lowest jobless rate since the three months to February of 2022. The number of unemployed fell by 500 people to 12,800 and the employed population decreased by 5,600 to 364,800 mostly in restaurants and similar activities; hotels and similar activities; construction, and wholesale and retail trade. Meanwhile, the labour force participation rate edged down to 68.3 percent from 69.1 percent in the previous period.
2022-06-28
Macau Jobless Rate at 12-1/2-Year High
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.
2022-05-27