The general unemployment rate for the August-October period was 1.9 percent, according to information released by the Statistics and Census Service. The unemployment rate for residents was 2.6 percent and the underemployment rate was 0.5 percent.
All the three indicators dropped by 0.1 percentage points from the previous period three-month, period between July and September.
The total labor force in Macau was 387,200 and the labor force participation rate stood at 70.8 percent. Total employment was 379,800 and employed residents totaled 279,900. This is a decrease of 1,400 and 1,300 respectively from the previous period.
Analyzed by industry, employment in the gaming sector registered an increase, while the hotel and hospitality sector and the wholesale and retail sector showed decreases.
The number of the unemployed was 7,400; down by 300 from the previous period. Fresh labor force entrants searching for their first job accounted for 14.8 percent of the total unemployed, the same proportion as in the previous period, according to the Statistics and Census Service.
In comparison with the same August-October period in 2016, the unemployment rate stayed unchanged, while the labor force participation rate and the underemployment rate dropped by 1.5 and 0.2 percentage points respectively.
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