The unemployment rate in Macau fell to 2.8 percent in June to August period of 2021, compared to 2.9 percent in the previous three-month period. The number of unemployed decreased by 400 to 10,600. Also, the number of employed increased by 3400 to 376300, mostly in gaming & junket activities, and restaurants and similar activities. The labour force participation rate edged up to 68.5 percent from 67.9 percent in the previous three-month period. source: Statistics and Census Service, Government of Macao SAR
Unemployment Rate in Macau averaged 3.53 percent from 1996 until 2021, 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 October of 2021.
Unemployment Rate in Macau is expected to be 2.60 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 2022, according to our econometric models.