Labor Force Participation Rate in Macau decreased to 67.90 percent in July from 68.30 percent in June of 2021. source: Statistics and Census Service, Government of Macao SAR

Labor Force Participation Rate in Macau averaged 68.52 percent from 1996 until 2021, 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 October of 2021.

Labor Force Participation Rate in Macau is expected to be 70.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macau Labor Force Participation Rate is projected to trend around 70.20 percent in 2022, according to our econometric models.

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Macau Labor Force Participation Rate

Macau Last Unit Reference Previous Highest Lowest
Unemployment Rate 2.80 percent Aug/21 2.90 7.10 1.70
Employed Persons 375.90 Thousand Jun/21 384.90 401.90 193.00
Unemployed Persons 11.10 Thousand Jun/21 11.60 15.00 6.00
Population 0.68 Million Dec/20 0.67 0.68 0.17
Labor Force Participation Rate 67.90 percent Jul/21 68.30 74.40 60.80
Wages In Manufacturing 12000.00 MOP/Monthly Jun/21 10500.00 15000.00 2656.00
Wages 15500.00 MOP/Monthly Jun/21 15300.00 17000.00 4578.00