THE M3: UNEMPLOYMENT RATE DROPS

03/26/10 08:09AM EDT

The Macau Metro Monitor, March 26th, 2010

EMPLOYMENT SURVEY FOR DECEMBER 2009 - FEBRUARY 2010 DSEC

DSEC reported Macau's unemployment rate stood at 2.9% in the December to February period, down from 3.0% in the November to January period. In Dec 2009 - Feb 2010, the total number of unemployed persons decreased by about 300 from the previous period to 9,200, with 8.6% of the total being fresh labor force entrants searching for their first jobs. Total labor force was 322,000 in December 2009 - February 2010 and the labor force participation rate stood at 71%. Analyzed by industry, employment of the Retail Trade increased from the previous period, while that of the Restaurants & Similar Activities registered a decrease.

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