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Macau May-July Jobless Rate Edges Up

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Macau's jobless rate stood at 3.7% in the May to July period, up 0.1 percentage points from the three months ended June, the Statistics and Census Service said Friday.

Compared to the previous year, the jobless rate increased by 0.8 percentage points. There were 12,300 unemployed persons during the three-month period.

The underemployment rate edged up 0.1 percentage points to 1.9% , and compared to last year, increased 0.3 percentage points.

In the May to July period, there were 332,700 persons in the labor force, of which 320,400 were employed. The labor force participation rate climbed 0.2 percentage points from the preceding three-month period, but dropped 0.2 percentage points from the previous year.

(Market News Provided by RTTNews)

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