Information from the Statistics and Census Service (DSEC) indicated that both the general unemployment rate (2.0%) and the unemployment rate of local residents (2.7%) for July-September 2017 remained stable as in the previous period (June-August 2017). The underemployment rate was 0.6%, up by 0.1 percentage point.
Total labour force was 388,900 and the labour force participation rate stood at 71.0%. Total employment was 381,200 and employed residents totalled 281,200, down by 3,000 and 2,600 respectively from the previous period. Number of the unemployed was 7,700, a decrease of 200; fresh labour force entrants searching for their first job accounted for 14.8% of the total unemployed, down by 2.4 percentage points.
In the third quarter of 2017, the general unemployment rate (2.0%) and the unemployment rate of local residents (2.7%) remained unchanged as in the previous quarter. Total employment decreased by 1,100 quarter-to-quarter, with employed residents aged 25-34 dropping by 1,700. Analysed by industry, employment in Restaurants & Similar Activities (24,400) went up by 700 quarter-to-quarter, while that in Construction (32,300) went down by 2,600.
Median monthly employment earnings of the employed in the third quarter held stable as in the previous quarter, at MOP15,000, with those engaging in Gaming & Junket Activities and Construction earning MOP19,300 and MOP15,000 respectively. Moreover, median earnings of the employed residents increased by MOP1,000 quarter-to-quarter to MOP19,000.