The general unemployment rate of Macau remained stable at 1.7 percent for the first quarter this year as compared with the previous period (from December 2018 to February 2019), the SAS’s statistics service said this week.
Information from the Statistics and Census Service also indicated the unemployment rate of local residents also remained stable at 2.3 percent for the first quarter. Meanwhile, the underemployment rate (0.4 percent) dropped by 0.1 percentage point.
Total labor force was 393,600 and the labor force participation rate was 70.4 percent in the first quarter. Total employment was 387,100 and number of employed residents totaled 282,000, down by 1,000 and 1,600 respectively from the previous period.
The number of the unemployed decreased by 200 to 6,500. New labor market entrants seeking their first job accounted for 8.5 percent of the total unemployed, up by 1.9 percentage points.
Median monthly employment earnings of the employed in the first quarter increased by MOP1,000 quarter-to-quarter to MOP 17,000, with those engaging in gaming and junket activities and construction sector earning MOP20,000 and 17,000 respectively. Xinhua
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