Macau's jobless rate rises to 2.9 pct

2021-10-31 16:06
BY admin
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Macau's general jobless rate - which comprises local residents and non-resident workers - rose by 0.1 percentage points to 2.9 percent in the July-September survey period compared to the previous survey period (June-August 2021), the Statistics and Census Bureau (DSEC) has announced.

According to a DSEC statement on Friday, the local residents' unemployment rate increased by 0.2 percentage points to 3.9 percent. 

The underemployment rate increased by 0.2 percent 0.2 percentage points to 3.9 percent. 

The total labour force living in Macau totalled 386,800, while the labour force participation rate stood at 68.5 percent in the July-September survey period. 

The number of the unemployed increased by 600 from the previous period to 11,200. Among the unemployed looking for a new job, most were previously employed by casino and junket operators as well as the construction sector. 

Macau has been hit by the impact of the COVID-19 pandemic on its economy. 

The number of the underemployed rose by 600 from the previous period to 15,000, most of them working for casino and junket operators as well as in the construction sector. 

The bureau pointed out that, based on immigration record, an average of 84,600 Macau residents and non-resident workers (informally known as blue-card holders) worked in Macau but lived outside the special administrative region during the July-September survey period. 

Many non-resident workers employed locally commute daily between Macau and the adjacent mainland city of Zhuhai. 

Macau's median monthly employment earnings of residents and non-resident workers in the third quarter stood at 16,000 patacas (US$2,000) in the third quarter. Those employed by gaming and junket operators earned 20,000 patacas a month, while those working in the construction sector earned 15,000 patacas. 

Employed residents' median monthly earnings stood at 20,000 patacas.

At the end of last month, Macau had 171,418 non-resident workers, a year-on-year decrease of 5.6 percent. Most non-resident workers came from the Chinese mainland (114,362), Philippines (28,103), Vietnam (10,562), Indonesia (5,098), Nepal (3,388), and Hong Kong (3,365), according to Labour Affairs Bureau (DSAL) statistics.

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