substantial decline in demand<\/em><\/strong><\/a> for manpower in the Gaming Sector.\u201d <\/p>\n\n\n\nIn the second quarter of 2020, only 129 new employees were hired, down 93.4 per cent from the 1,942 hires in the same quarter of 2019. <\/p>\n","protected":false},"excerpt":{"rendered":"
The DSEC believes the indicators \u201creflect a substantial decline in demand for manpower in the gaming sector\u201d. <\/p>\n","protected":false},"author":2,"featured_media":0,"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 gaming sector experienced a significant decline in manpower during Q2 2020, with full-time employees decreasing by 381 year-on-year to 57,459, and average earnings dropping by 5.5%. The Statistics and Census Service (DSEC) attributed this to the novel coronavirus pneumonia, noting a substantial 93.4% reduction in new hires and a sharp decrease in vacancies, reflecting a substantial decline in demand for labor.","focusai_entities":"DSEC","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.95), regulator (0.85), operator_casino (0.98), investor_analyst (0.97), supplier_vendor (0.75), journalist_researcher (0.95)","focusai_suggestions":[{"label":"Q3 2020 Labor Outlook?","query":"What is the projected labor market outlook for Macau's gaming sector in Q3 2020, considering the ongoing impact of the pandemic and potential recovery trajectories?"},{"label":"Operator Cost Structure Impact?","query":"How do these labor market adjustments, specifically salary reductions and workforce contraction, impact the operational cost structures and profitability margins of integrated resort operators in Macau?"}],"footnotes":""},"categories":[157,16338,158],"tags":[12436,512,257],"class_list":["post-9291","post","type-post","status-publish","format-standard","hentry","category-business-news","category-east-asia-news","category-slider-home","tag-casinos","tag-gaming","tag-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/9291","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=9291"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/9291\/revisions"}],"predecessor-version":[{"id":777017316,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/9291\/revisions\/777017316"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=9291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=9291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=9291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}