Labor Force Participation Rate in Macau increased to 70.50 percent in January of 2021 from 70.40 percent in December of 2020. source: Statistics and Census Service, Government of Macao SAR

Labor Force Participation Rate in Macau averaged 68.43 percent from 1996 until 2020, reaching an all time high of 74.40 percent in November of 2014 and a record low of 60.80 percent in July of 2003. This page provides - Macau Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Macau Labor Force Participation Rate - values, historical data and charts - was last updated on March of 2021.

Labor Force Participation Rate in Macau is expected to be 69.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Macau to stand at 70.20 in 12 months time. In the long-term, the Macau Labor Force Participation Rate is projected to trend around 70.20 percent in 2021, according to our econometric models.

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Macau Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
70.50 70.40 74.40 60.80 1996 - 2021 percent Monthly

Macau Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.70 2.70 7.10 1.70 percent [+]
Employed Persons 388.80 391.80 401.90 193.00 Thousand [+]
Unemployed Persons 11.00 11.80 15.00 6.00 Thousand [+]
Population 0.68 0.67 0.68 0.17 Million [+]
Wages 15000.00 15000.00 17000.00 4578.00 MOP/Monthly [+]
Wages In Manufacturing 10000.00 10500.00 15000.00 2656.00 MOP/Monthly [+]
Labor Force Participation Rate 70.50 70.40 74.40 60.80 percent [+]