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Steady as she goes for Macau unemployment rate

Ben Blaschke by Ben Blaschke
Tue 27 Jun 2017 at 20:50
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Macau’s overall underemployment rate between March and May 2017 was 2.0%, with unemployment down 0.1 percentage points to 0.4% according to figures from the Statistics and Census Service (DSEC)

The Total labour force was 389,400 and the labour force participation rate stood at 71.1% for the period. Total employment was 381,800 with employed residents standing at 280,400, up by 300 and 400 respectively.

Analyzed by industry, employment in Hotels and Gaming & Junket Activities registered an increase, while that in Construction and Restaurants & Similar Activities saw a decrease.

The number of the unemployed is now at 7,600, down by 100 from the previous period. Fresh labour force entrants searching for their first job accounted for 8.5% of the total unemployed, down by 1.2 percentage points.

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Ben Blaschke

Ben Blaschke

A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

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