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Macao's unemployment rate rises to 2.0 pct
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  • http://english.dbw.cn  2017-03-29 08:59:55
     

    Macao's unemployment rate in a three-month period ending February rose by 0.1 percentage point from 1.9 percent of the same period last year, figures released by the statistics authority showed on Monday.

    Latest labor force survey indicated that Macao's general unemployment rate for December 2016 to February 2017 stood at 2.0 percent, while the underemployment rate stood at 0.5 percent.

    The total employment was 379,100 and the number of employed residents totaled 277,100, down by 2,800 and 800 respectively from the previous period, the report said.

    Analyzed by industry, employment in recreational, cultural, gaming and retail trade registered a decrease, while that in hotels and similar activities saw an increase.

    The number of the unemployed was 7,900, similar to that in the previous period, and fresh labor force entrants searching for their first job accounted for 8.4 percent of the total unemployed, up by 0.8 percentage points.

    Author:    Source:xinhua    Editor:Yang Fan

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