Portfolio of Kimberly Johans

A collection of articles created during my stint as a journalist at The Macau Daily Times

Unemployment remains steady and low

Posted by Kimberly on September 29, 2007

By Kimberly Johans
Published in The Macau Daily Times
September 29, 2007, page 4 (210 words)

The unemployment rate for the period between July and August remained unchanged at 3.1 percent compare with the previous period of May to June, according to figures released by the Statistics and Census Service yesterday.
This figure shows a reduction of 0.8 percent year-on-year.
Meanwhile, the part time and casual employment rate remained unchanged as well, standing at 1.1 percent for the same period, but representing an increase of 0.1 percent against 2006.
The number of unemployed rose by more than 300, to 9,800 over the preceding period. This was mainly due to more fresh graduates and school leavers entering the labour market.
Among them, 2,400 people were searching for their first job, up notably by 8.3 percent. This took up a total of 24.9 percent of the unemployed.
The total labour force for July to August 2007 was estimated to be 314,100. Of this total, 304,300 were employed, up by 3,100 over the previous period of May to June.
Labour force participation rates reached an all-time record of 70.0 percent, up by 0.5 percent, compared with the previous period or by 3.6 percent year-on-year.
This was mainly due to the labour employed in hotels, restaurants and similar activities; recreational, cultural, gaming & other services; as well as construction.

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