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Macao's unemployment rate rises in past 3 months
Last Updated(Beijing Time):2008-12-29 17:32
Affected by the global financial crisis, Macao's unemployment rate for September to November 2008 increased by 0.2 percentage point over the previous period of August to October to 3.3 percent, according to the figures released on Monday by the city's Statistics and Census Service (DSEC).

The DSEC said local unemployed population rose by 800 from the previous period to 11,000 during the past three months, with the number of unemployed in the city's construction and gaming sectors rising notably. The underemployment rate for the period stood at 1.6 percent, up by 0.1 percentage point over the previous period.

Meanwhile, total labor force was 338,000 in the period, with the employed population standing at 327,000, down by 1,800 compared with the previous period, which was the first decrease registered in 2008, according to the DSEC.

Labor force participation rate stood at 70.5 percent during the past three months, down by 0.1 percentage point over the previous period, but up by 0.2 percentage point year-on-year, the DSEC said.

Source:Xinhuanet 
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