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. 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 July 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
2022-05-27 10:00 AM Apr 3.5% 3.5% 3.4%
2022-06-28 10:30 AM May 3.4% 3.5% 3.4%
2022-07-29 10:00 AM Jun 3.4% 3.3%


Related Last Previous Unit Reference
Unemployment Rate 3.40 3.50 percent May 2022
Employed Persons 371.20 377.10 Thousand Mar 2022
Unemployed Persons 13.30 11.90 Thousand Mar 2022
Population 0.68 0.68 Million Dec 2021
Labor Force Participation Rate 68.30 69.10 percent May 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
3.40 3.50 7.10 1.70 1996 - 2022 percent Monthly

News Stream
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
Macau Jobless Rate Creeps Up, Over 12-Year High
The unemployment rate in Macau inched up to 3.3 percent in the three-month period ending February of 2022, from 3.2 percent in the previous three-month period. It was the highest jobless rate since the three months to November of 2009, as the number of unemployed increased by 400 people to 12,800 and the employed population fell by 5,400 to 373,600. The hardest hit activities were construction; restaurants & similar activities; and gaming & junket. The labor force participation rate edged down to 69.3 percent from 69.9 percent in the previous period.
2022-03-25