Macao 2009 Labor Force

Information from the Macao Statistics and Census Service (DSEC) indicated that the unemployment rate for July-September 2009 was 3.7%, down by 0.1 percentage point over the previous period (June-August); the underemployment rate went up by 0.1 percentage point to 2.0%.　　

Total labour force was 328,000 in July-September 2009, with the employed population decreasing by 3,000 from the previous period to 316,000. Analyzed by industry, employment of Real Estate & Business Activities and Hotels, Restaurants & Similar Activities increased from the preceding period, while that of Gaming registered a decrease. 　　

In July-September 2009, number of the unemployed dropped slightly by 400 over the preceding period to 12,000, with 17.6% (2,200) being fresh labour force entrants searching for the first job, up by 3.8 percentage points from June-August 2009. 　　

In comparison with July-September 2008, the unemployment rate and the underemployment rate rose by 0.6 and 0.5 percentage point respectively. Meanwhile, the labour force participation rate (72.0%) fell by 0.6 percentage point from the previous period and by 0.9 percentage point year-on-year. 　　

In the third quarter of 2009, the unemployment rate of local residents stood at 4.6%, up by 0.1 percentage point over the second quarter of 2009; the labour force participation rate of local residents dropped by 0.2 percentage point to 67.1%. Disclaimer: The publication contains information in summary form and is therefore intended for general guidance only. This publication is not intended as legal, accounting or other professional advice and should not be relied upon as such. If legal, accounting or other professional advice or expert assistance is required, the services of a competent professional should be sought. Neither Jackson Chan & Co. nor any related entity shall have any liability to any person or entity that relies on the information contained in this publication.