The unemployment rate in Macau inched up to 3.0 percent in the February to April 2021 period, from 2.9 percent in the previous three-month period, amid the coronavirus pandemic. It was the highest jobless rate since the February to April 2010 period, as the number of unemployed increased by 400 to 12,000 and the employed population shrank by 2,400 to 382,500 mostly in wholesale & retail trade, construction, and hotels & similar activities. The labor force participation rate decreased to 69.6 percent from 69.9 in the previous three-month period. source: Statistics and Census Service, Government of Macao SAR

Unemployment Rate in Macau averaged 3.54 percent from 1996 until 2021, 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. Macau Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.

Unemployment Rate in Macau is expected to be 2.70 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 2.50 in 12 months time. In the long-term, the Macau Unemployment Rate is projected to trend around 2.50 percent in 2022, according to our econometric models.

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Macau Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.00 2.90 7.10 1.70 1996 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-02-26 03:20 AM Jan 2.7% 2.7% 2.9%
2021-03-26 09:45 AM Feb 2.9% 2.7% 2.8%
2021-04-30 09:40 AM Mar 2.9% 2.9% 2.7%
2021-05-28 10:00 AM Apr 3.0% 2.9% 2.9%
2021-06-27 10:00 AM May 3.0%
2021-07-27 10:00 AM Jun
2021-08-27 10:00 AM Jul
2021-09-27 10:00 AM Aug


News Stream
Macau Unemployment Rate at 11-Year High
The unemployment rate in Macau inched up to 3.0 percent in the February to April 2021 period, from 2.9 percent in the previous three-month period, amid the coronavirus pandemic. It was the highest jobless rate since the February to April 2010 period, as the number of unemployed increased by 400 to 12,000 and the employed population shrank by 2,400 to 382,500 mostly in wholesale & retail trade, construction, and hotels & similar activities. The labor force participation rate decreased to 69.6 percent from 69.9 in the previous three-month period.
2021-05-28
Macau Jobless Rate Unchanged at 2.9% in Q1
The unemployment rate in Macau stood at 2.9 percent in January 2021 - March 2021, unchanged from the previous three-month period, amid the coronavirus pandemic. This was the highest jobless rate since September - November 2020 period, as the number of unemployed increased by 100 to 11,600. Meantime, employment decreased by 2,000 to 384,900 mostly in the wholesale & retail trade and hotels & similar activities. The labor force participation rate was 69.9 percent.
2021-04-30
Macau Jobless Rate Rises to 2.9% in Dec - Feb
The unemployment rate in Macau increased to 2.9 percent in December 2020 - February 2021 from 2.7 percent in the previous three-month period, amid the coronavirus pandemic. This was the highest jobless rate since September - November 2020 period, as the number of unemployed rose by 600 to 11,500. Meantime, employment decreased by 2,300 to 386,900 mostly in the wholesale & retail trade. The labor force participation rate was 70.2 percent.
2021-03-26
Macau Jobless Rate Unchanged at 2.7%
The unemployment rate in Macau stood at 2.7 percent in November 2020 - January 2021, unchanged from the previous three-month period. This was the lowest jobless rate since May - July 2010 period, as the number of unemployed fell by 100 to 10,900. Meantime, employment increased by 400 to 389,200 mostly in the wholesale & retail trade. The labor force participation rate was 70.5 percent.
2021-02-26

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.