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Macau jobless rate rises to 1.8 pct

Macau’s estimated jobless rate rose by 0.1 percentage point to 1.8 percent in March-May from the February-April survey period, the Statistics and Census Bureau (DSEC) announced on Monday. Year-on-year, the rate also increased by 0.1 percentage point. The city’s total labour force stood at 405,700 and the labour force participation rate amounted to 74 percent […]

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UPDATED: 22 Dec 2023, 5:48 am

Macau’s estimated jobless rate rose by 0.1 percentage point to 1.8 percent in March-May from the February-April survey period, the Statistics and Census Bureau (DSEC) announced on Monday.

Year-on-year, the rate also increased by 0.1 percentage point.

The city’s total labour force stood at 405,700 and the labour force participation rate amounted to 74 percent in March-May.

Total employment increased by 500 from the previous survey period, reaching 398,500. The real-estate sector recorded a decrease in employment.

The number of unemployed stood at 7,200, up by 500 from February-April.

(macaunews/macaupost)

UPDATED: 22 Dec 2023, 5:48 am

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