THE M3: LOWER UNEMPLOYMENT RATE

The Macau Metro Monitor, February 26th, 2010


EMPLOYMENT SURVEY FOR NOVEMBER 2009 - JANUARY 2010 DSEC

Macau's unemployment rate for November 2009 - January 2010 was 3.0%, a gradual improvement from 3.1% from October-December 2009 period and a 0.4% improvement YoY. The underemployment rate was 1.7%, lower than the 1.9% from the previous period and a decrease of 0.1% YoY. Labor force participation rate stood at 70.8%, a 2.1% drop YoY. Analyzed by industry, employment of the Manufacturing Sector and Restaurants & Similar Activities increased from the previous period, while that of Wholesale & Retail Trade registered a decrease. The number of the unemployed decreased by about 400 from the previous period to 9,500.