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Employment in Macau gaming industry drops 1.2% through July

Pierce Chan by Pierce Chan
Sun 27 Aug 2023 at 05:06
Gaming credit law changes to reflect measures banning junkets from accepting player deposits
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Macau’s latest employment statistics show that the number of employed people in the gaming sector from May to July was 67,800, a decrease of 1.2% compared to the previous period.

The figures formed part of a regular survey conducted by the Statistics and Census Service (DSEC), which revealed the overall unemployment rate for May to July was 2.6%, while the unemployment rate for local residents was 3.3%, both of which dropped by 0.2 percentage points compared to the previous period (April-June); the underemployment rate also dropped by 0.1 percentage points to 1.7%.

Among them, 67,800 were employed in the gaming industry, a decrease of about 700 or 1.2% from 68,500 in the previous period. The distribution of the employed population showed that the entertainment, gaming and other services sector accounted for 21.7% of total employment.

The number of unemployed people decreased by 600 from the previous period to 9,800. Among the unemployed looking for new jobs, most of them were working in the construction, hotel and restaurant, and gaming and betting intermediary industries before they lost their jobs.

The labor force residing in Macao totaled 372,800, with a labor force participation rate of 67.6%. The employed population amounted to 363,000, while the number of locally employed residents was 282,900, representing an increase of 1,600 and 300 persons respectively over the previous period.

The number of underemployed persons was 6,400, a decrease of 400 over the preceding period, with the construction, and transportation and storage, sectors accounting for most of the increase. Compared with a year earlier, the labor force participation rate, unemployment rate and underemployment rates decreased by 0.6, 1.5 and 11.7 percentage points respectively.

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Pierce Chan

Pierce Chan

With more than five years’ experience working as a journalist in Macau, Pierce is an experienced media operator with strong skills in news writing and editing. He previously worked with Exmoo, first as a reporter covering government, gaming and tourism-related stories, then as a Deputy Assignment Editor helping set the agenda of the day. Pierce is a graduate of the University of Macau.

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