The unemployment rate in Macau stood at 1.7 percent in October-December 2019, unchanged from the previous period. It remained the lowest jobless rate since April-June period, with total number of unemployed edging up by 200 to 6,500 while employment increasing 2,200 to 389,800. Job losses were seen in gaming & junket activities and restaurant & similar activities, while gains were reported in wholesale & retail trade, hotel & similar activities and construction. Meantime, the labor force participation rate went up to 70.2 from 69.9 percent. In October-December 2018, the jobless rate was also at 1.7 percent.

Unemployment Rate in Macau averaged 3.59 percent from 1996 until 2019, 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.

Unemployment Rate in Macau is expected to be 1.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Macau to stand at 1.80 in 12 months time. In the long-term, the Macau Unemployment Rate is projected to trend around 2.00 percent in 2021, according to our econometric models.


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Macau Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.70 1.70 7.10 1.70 1996 - 2019 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2019-10-28 04:00 AM Sep 1.8% 1.8% 1.7%
2019-11-27 02:45 AM Oct 1.8% 1.8% 1.7%
2019-12-31 05:00 AM Nov 1.7% 1.8% 1.7%
2020-02-03 05:00 AM Dec 1.7% 1.7% 1.70%
2020-02-27 04:00 AM Jan 1.7% 1.70%
2020-03-27 04:00 AM Feb
2020-04-30 04:00 AM Mar 1.60%
2020-05-27 04:00 AM Apr


News Stream
Macau Jobless Rate Unchanged at 1.7% in Oct-Dec
The unemployment rate in Macau stood at 1.7 percent in October-December 2019, unchanged from the previous period. It remained the lowest jobless rate since April-June period, with total number of unemployed edging up by 200 to 6,500 while employment increasing 2,200 to 389,800. Job losses were seen in gaming & junket activities and restaurant & similar activities, while gains were reported in wholesale & retail trade, hotel & similar activities and construction. Meantime, the labor force participation rate went up to 70.2 from 69.9 percent. In October-December 2018, the jobless rate was also at 1.7 percent.
2020-02-03
Macau Jobless Rate Edges Down to `1.7% in September-November
The unemployment rate in Macau inched lower to 1.7 percent in September-November 2019 from 1.8 in the previous period. This was the lowest jobless rate since April-June period, with total number of unemployed falling by 500 to 6,500 while employment increasing 300 to 387,600. Job losses were seen in gaming & junket activities and restaurant & similar activities, while gains were reported in wholesale & retail trade, hotel & similar activities and construction. Meantime, the labor force participation rate fell to 69.9 from 70.10 percent. In September-November 2018, the jobless rate was also at 1.7 percent.
2019-12-31
Macau Jobless Rate Unchanged at 1.8%
The unemployment rate in Macau stood at 1.8 percent in August-October 2019, the same as in the previous period. It remained the highest jobless rate since August-October 2018 period, with total number of unemployed edging down by 300 to 7,000 while employment increasing 200 to 387,300. Job gains were seen in gaming & junket activities while losses were reported in construction, restaurant & similar activities, wholesale & retail trade, and hotel & similar activities. Meantime, the labor force participation rate slipped to 70.1 from 70.2 percent. In August-October 2018, the jobless rate was also at 1.8 percent.
2019-11-27
Macau Jobless rate Unchanged at 1.8%
The unemployment rate in Macau stood at 1.8 percent in July-September 2019, the same as in the previous period. It remained the highest jobless rate since August-October 2018 period, with total number of unemployed edging up by 200 to 7,300 while employment falling 200 to 387,100. Job gains were seen in construction and restaurant & similar activities, while losses were reported in gaming & junket activities, wholesale & retail trade, and hotel & similar activities. Meantime, the labor force participation rate slipped to 70.2 from 70.3 percent. In July-September 2018, the jobless rate was also at 1.8 percent.
2019-10-28

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.