Macao's unemployment rate exceeds 3% in Q3

MACAO, Oct. 28 (Chinese media) -- Macao's unemployment rate for the third quarter

of 2008 stood at 3.1 percent, which remained unchanged over the same period of

last year, according to the latest results of the Employment Survey Tuesday

released by the city's Statistics and Census Service (DSEC).

In the third quarter, Macao's total labor force reached 337,400, with labor

force participation rate standing at 70.7 percent, up by 0.3 percentage point

year-on-year, according to the survey results.

The unemployed population was 10,500, with 24.6 percent of the total

searching for their first job, during the period of July to September. In

addition, the unemployment rate of local residents (excluding non-resident

workers) stood at four percent for the third quarter, and the respective labor

force participation rate was 64 percent.