{"id":777015048,"date":"2024-04-26T09:23:35","date_gmt":"2024-04-26T12:23:35","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777015048"},"modified":"2026-04-22T10:47:28","modified_gmt":"2026-04-22T13:47:28","slug":"macau-unemployment-drops-in-q1","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-unemployment-drops-in-q1","title":{"rendered":"Macau unemployment drops in Q1"},"content":{"rendered":"\n

Employment in gaming increased by 4,000.<\/p>\n\n\n\n\n\n\n\n

Macau.- The DSEC has reported that Macau\u2019s\u00a0general unemployment rate\u00a0and the\u00a0unemployment rate of residents\u00a0decreased to\u00a02.1 per cent\u00a0and\u00a02.7 per cent\u00a0respectively\u00a0in\u00a0the first quarter of the year. The underemployment rate rose by 0.1 percentage points sequentially to 1.5\u00a0per cent.<\/p>\n\n\n\n

There was\u00a0an increase\u00a0of\u00a00.3 percentage points in the number of first-time job seekers, accounting for 6.7 per cent of all unemployed. Employment totalled 371,100 and employed residents 284,000, down by 2,100 from the previous period.\u00a0<\/p>\n\n\n\n

Employment in the real estate and construction industries decreased by 2,600 and 2,000 respectively, from the previous quarter, resulting in employment numbers of 31,700 and 25,900. The gaming and hospitality sectors saw an increase in employment by 4,000 and 1,700 respectively, to 71,400 and 28,800.<\/p>\n\n\n\n

The median monthly employment earnings and median monthly employment income of residents increased by MOP18,000 (US$50) and MOP20,500 from the previous quarter.\u00a0The DSEC attributed the rise to some industries paying double pay and bonuses<\/a>\u00a0in the first quarter.<\/p>\n\n\n\n

See also: <\/strong>Macau GDP forecast to grow 16.8% this year<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Employment in gaming increased by 4,000.<\/p>\n","protected":false},"author":176,"featured_media":777014793,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Macau's first-quarter general unemployment rate decreased to 2.1%, with resident unemployment at 2.7%. The gaming and hospitality sectors experienced significant employment growth, adding 4,000 and 1,700 jobs respectively, indicating robust operational recovery. Median monthly earnings also increased, partly attributed to bonuses.","focusai_entities":"DSEC","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.9), investor_analyst (0.95), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Labor Market Impact?","query":"What specific operational segments within Macau's gaming sector are driving this employment growth, and what are the implications for labor supply, wage inflation, and talent retention strategies?"},{"label":"Future Staffing Needs?","query":"Given the Q1 employment surge, what are the projected staffing requirements for Macau's integrated resorts over the next 12-24 months, considering potential new vertical expansions or regulatory shifts?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-777015048","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777015048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777015048"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777015048\/revisions"}],"predecessor-version":[{"id":777015073,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777015048\/revisions\/777015073"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777014793"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777015048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777015048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777015048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}