MACAO, April 29 (Xinhua) -- Macao's general unemployment rate for the period from January to March 2022 increased by 0.2 percentage points to 3.5 percent over the period from December 2021 to February 2022, the special administrative region (SAR)'s statistics department said on Friday.
The latest report from Macao's Statistics and Census Service (DSEC) indicated that the unemployment rate for local residents was 4.5 percent for the period from January to March 2022, up 0.2 percentage points from the previous period.
The underemployment rate dropped by 0.1 percentage point to 2.8 percent, while the labor force participation rate was 68.8 percent, the DSEC report added.
The labor force living in Macao totaled 384,500 people for the period from January to March 2022. Total employment was 371,200 and the number of employed residents totaled 278,900, down by 2,400 and 2,100 respectively from the previous period, showed the report.
The number of unemployed increased by 500 from the previous period to 13,300.
Meanwhile, the proportion of new labor market entrants seeking their first job decreased 1.5 percentage points to 5.9 percent of the total unemployed.
The number of the underemployed fell by 500 from the previous period to 10,600. ■
