Macau November-January Unemployment Rate Drops

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Macau's unemployment rate stood at 3% in the November to January period, down from 3.1% in the October to December period, the Statistics and Census Service reported on Friday.

In the three months ending January period, the total number of unemployed persons decreased by about 400 to 9,500, with 10% of the total being fresh labor force entrants searching for their frst job.

Analyzed by industry, the number of persons working in the manufacturing and restaurant sectors increased from the preceding period, while the number of people working in wholesale & retail trade registered a decrease.

Macau's unemployment rate stood at 3% in the November to January period, down from 3.1% in the October to December period, the Statistics and Census Service reported on Friday. (Market News Provided by RTTNews)