According to the results of the Employment Survey released by the Statistics and Census Service, the global financial crisis began to affect the employment condition of Macao. The unemployment rate and the underemployment rate for September-November 2008 was 3.3% and 1.6% respectively, up by 0.2 and 0.1 percentage point over the previous period (August-October 2008). Total labour force was 338,000 in September-November 2008, with an employed population of 327,000, down by 1,000 and 1,800 respectively compared with previous period, which was the first decrease registered in 2008. The unemployed population rose by 800 from the previous period to 11,000 in September-November 2008, the number of unemployed of the Construction and Gaming sectors rising more notably. Labour force participation rate stood at 70.5%, down by 0.1 percentage point over the previous period, but up by 0.2 percentage point year-on-year; meanwhile, the unemployment rate and the underemployment rate both went up by 0.4%.
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