DSEC<\/em><\/strong> stated: \u201cAmong the unemployed population searching for a new job, number of those previously working in gaming & junket activities and in restaurants & similar activities showed relatively large growth.\u201d<\/p>\n\n\n\nThe DSEC also said the general underemployment rate rose by 0.8 percentage points to 3.4 per cent in the last quarter. The number of the underemployed grew by 3,300 to 13,900, with the majority working in gaming and junket activities, transport, logistics, construction, retail, and the hotel industries.<\/p>\n\n\n\n
The median monthly earnings for workers in Macau was MOP17,000 (US$2,129) at the end of 2019 but by the quarter that ended on June 30 had dropped by MOP15,000 (US$1,879). In the gaming sector, monthly earnings are of MOP19,800 (US$2,480) in average.<\/p>\n","protected":false},"excerpt":{"rendered":"
Over 5,200 people in the gaming sector found themselves without a job in the second quarter of the year.<\/p>\n","protected":false},"author":2,"featured_media":8489,"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 Statistics and Census Service (DSEC) reported a significant contraction in the gaming sector's workforce during Q2, with 5,200 job losses, reducing total employment to 82,300. This contributed to a rise in the city's unemployment rate to 2.5% and underemployment to 3.4%, alongside a decline in median monthly earnings. The data reflects a challenging labor market environment impacting operational stability and consumer spending within the region.","focusai_entities":"Macau\u2019s Statistics and Census Service (DSEC)","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.8), compliance_legal (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau Labor Market Outlook","query":"What are the DSEC's projections for Q3 employment trends within Macau's gaming and junket sectors, and what mitigating strategies are operators implementing to stabilize their workforce?"},{"label":"Impact on GGR","query":"How do these significant workforce reductions and declining median earnings correlate with projected GGR performance for Macau's concessionaires in the latter half of the fiscal year?"}],"footnotes":""},"categories":[157,16338],"tags":[29,257],"class_list":["post-8487","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-casino","tag-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/8487","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=8487"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/8487\/revisions"}],"predecessor-version":[{"id":777009458,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/8487\/revisions\/777009458"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/8489"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=8487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=8487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=8487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}