The general population’s and local residents’ unemployment rates in the last quarter of 2022 both decreased by 0.2 per cent to 3.5 and 4.5 per cent, respectively, from the previous quarter. In addition, the city’s underemployment rate dropped by 0.4 per cent to 3.9 per cent. The labour force living in Macau totalled 373,400 and the labour force participation rate was 68.5 per cent, while the total employment was 360,200 and the number of employed residents totalled 281,100 – down by 1,700 and 900, respectively, from the previous quarter, the Statistics and Census Service (DSEC) announced.
However, the city’s general unemployment rate last year rose by 0.8 per cent year-on-year to 3.7 per cent, while local residents’ unemployment rate stood at 4.8 per cent in 2022, an increase of 0.9 per cent compared to the previous year, according to DSEC.
Photo: Unsplash/drown_in_city
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