Employment survey from May to July 2022
MACAO, August 26 – Information from the Statistics and Census Service (DSEC) indicates that the general unemployment rate and the local resident unemployment rate for May-July 2022 increased by 0.4 and 0.6 percentage points compared to the previous period (April-June 2022) at 4.1% and 5.4% respectively, due to the suspension of most industrial and commercial activities during the “relatively static” period in the middle of the last wave of the pandemic. Furthermore, the underemployment rate increased by 9.3 percentage points to 13.4%.
The labor force living in Macau was 377,000 and the labor force participation rate was 68.2%. Total employment was 361,300 and the number of employed residents stood at 274,000, down 2,900 and 1,500 respectively from the previous period. Analyzed by industry, employment in hotels, restaurants and similar activities and gaming and gaming activities declined.
The number of unemployed increased by 1,700 from the previous period to 15,600. Among the unemployed seeking new employment, most of them were previously engaged in gambling and gaming activities and in the construction sector. Meanwhile, with new graduates entering the labor market, the proportion of new labor market entrants looking for their first job increased by 1.7 percentage points to 8.7% of total number of unemployed.
The number of underemployed people jumped by 34,900 from the previous period to 50,600, with the majority working in games and gambling activities, hotels, restaurants and similar activities and retail trade.
Compared to May-July 2021, the underemployment rate, unemployment rate and participation rate increased by 9.9, 1.2 and 0.3 percentage points respectively.
The employment survey covers all residential units in the Macau Peninsula, Taipa and Coloane, excluding collective dwellings such as dormitories and nursing homes for the elderly. People living in these units are included in the survey, and therefore residents of Macau and non-resident workers who work in Macau but live outside the territory are excluded. According to preliminary estimates from movement records, about 88,000 residents and non-resident workers of Macau worked on average in Macau but lived outside the territory during the reference period; including these people, the total labor force was 465,000, a decrease of 1,800 from the previous period.
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