Macau's general unemployment rate, which comprises resident employees and non-resident workers (NRWs), dipped 1.0 percentage points year on year to 2.7 percent last year, the Statistics and Census Bureau (DSEC) has announced today.
Local residents' jobless rate dropped1.4 percentage points to 3.4 percent last year, "following the gradual resumption of social and economic activities", the bureau said in a statement.
The COVID-19 pandemic severely affected Macau's economy, the vitally important tourism, gaming, hospitality and retail sectors in particular, between early 2020 and late 2022.
Last year, the employed population's median monthly employment earnings rose by 2,500 patacas to 17,500 patacas a month in 2023, while employed residents' employment earnings rose by 1,000 patacas a month.
In the third quarter of last year, the labour force living in Macau totalled 379,700, while the labour force participation rate stood at 68.0 percent.
The number of the unemployed amounted to 8,600 in the third quarter. Among the unemployed looking for a new job, most were previously engaged in gaming and junket activities, hotels, restaurants and similar activities, and the retail trade, the bureau said.
According to the latest available Labour Affairs Bureau (DSAL) statistics, Macau had 175,675 NRWs at the end of November last year, including 120,510 mainland Chinese, 28,547 Filipinos, 7,787 Vietnamese, 6,080 Indonesians, 3,364 Myanmarese and 3,332 Nepalese.
