Labor Force Participation Rate in Macau decreased to 70.10 percent in October from 70.20 percent in September of 2019.

Labor Force Participation Rate in Macau averaged 68.40 percent from 1996 until 2019, 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.

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 69.70 in 12 months time. In the long-term, the Macau Labor Force Participation Rate is projected to trend around 70.20 percent in 2020, according to our econometric models.

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Macau Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
70.10 70.20 74.40 60.80 1996 - 2019 percent Monthly
Macau Labour Last Previous Highest Lowest Unit
Unemployment Rate 1.70 1.80 7.10 1.70 percent [+]
Employed Persons 387.10 387.20 399.50 193.00 Thousand [+]
Unemployed Persons 7.30 6.60 15.00 6.00 Thousand [+]
Population 0.66 0.65 0.66 0.17 Million [+]
Wages 17000.00 16300.00 17000.00 4578.00 MOP/Monthly [+]
Wages In Manufacturing 10000.00 10000.00 14000.00 2656.00 MOP/Monthly [+]
Labor Force Participation Rate 70.10 70.20 74.40 60.80 percent [+]