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Gaming remained the main employment sector;however, construction registered the greatest growth in the fourth quarter last year
The construction industry employed an additional 3.9 per cent of workers between the months of October and December 2014, bringing the total to 59,000 - up from 56,800 in the preceding September to November period.
In terms of numbers, that translates into an increase of 2,200 workers for the construction industry.
Official figures released yesterday by the Statistics and Census Service (DSEC) show that gaming remained the largest sector of employment at 87,000 of the total workforce, up 1.3 per cent from that of the previous period of 85,900.
The second largest growth sector of employment was hospitality, which grew by 3.3 per cent to 27,900 in the third quarter of the year from 27,000 in the preceding three months.
Employment in the retail trade industry was the only one of the five surveyed that registered a slight decrease of 0.6 per cent to 35,200, while employment in the restaurant industry grew slightly by 0.4 per cent to 28,300.
Macau’s overall labour force participation rate has grown steadily since April 2014, standing at 74.4 per cent between October and December 2014, up from 73.2 per cent in the same period the previous year.
The total labour force increased to 405,500, while total employment reached 398,600, an increase of 2,400 from the September-November 2014 period.
The number of unemployed was 7,000 for the three months ended December, up slightly by 100 from the three months ended November 2014, while fresh labour force entrants searching for their first job accounted for 15.2 per cent of the total unemployed, down 5.1 percentage points.
Concurrently, the territory’s underemployment rate has decreased steadily in the last 12 months ended December 2014 to 1.7 per cent from 1.8 per cent.
The median monthly salary of those employed was MOP14,000 in the fourth quarter of last year, an increase of MOP1,000 from that of the previous quarter, while that of Macau residents alone was MOP16,000, up MOP400 in the same period.
Source
The construction industry employed an additional 3.9 per cent of workers between the months of October and December 2014, bringing the total to 59,000 - up from 56,800 in the preceding September to November period.
In terms of numbers, that translates into an increase of 2,200 workers for the construction industry.
Official figures released yesterday by the Statistics and Census Service (DSEC) show that gaming remained the largest sector of employment at 87,000 of the total workforce, up 1.3 per cent from that of the previous period of 85,900.
The second largest growth sector of employment was hospitality, which grew by 3.3 per cent to 27,900 in the third quarter of the year from 27,000 in the preceding three months.
Employment in the retail trade industry was the only one of the five surveyed that registered a slight decrease of 0.6 per cent to 35,200, while employment in the restaurant industry grew slightly by 0.4 per cent to 28,300.
Macau’s overall labour force participation rate has grown steadily since April 2014, standing at 74.4 per cent between October and December 2014, up from 73.2 per cent in the same period the previous year.
The total labour force increased to 405,500, while total employment reached 398,600, an increase of 2,400 from the September-November 2014 period.
The number of unemployed was 7,000 for the three months ended December, up slightly by 100 from the three months ended November 2014, while fresh labour force entrants searching for their first job accounted for 15.2 per cent of the total unemployed, down 5.1 percentage points.
Concurrently, the territory’s underemployment rate has decreased steadily in the last 12 months ended December 2014 to 1.7 per cent from 1.8 per cent.
The median monthly salary of those employed was MOP14,000 in the fourth quarter of last year, an increase of MOP1,000 from that of the previous quarter, while that of Macau residents alone was MOP16,000, up MOP400 in the same period.
Source