THE M3: UNEMPLOYMENT UNCHANGED

10/27/10 07:41AM EDT

The Macau Metro Monitor, October 27th 2010

EMPLOYMENT SURVEY FOR JULY-SEPTEMBER 2010 DSEC

The unemployment rate for July-September 2010 remained unchanged from the previous period (June-August 2010) at 2.9%.  The employed population increased by about 2,700 over the previous period to 320,200, in which employment of the Gaming Sector and Wholesale & Retail Trade both saw an increase.  Total labor force was 329,600 in July-September 2010 and the labour force participation rate stood at 71.8%, up by 0.4% point from the previous period.  Number of the unemployed held stable at 9,400, with 19.0% being fresh labour force entrants searching for their first job, up by 1.8% points over the previous period.  

 
© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.