According to the latest employment data released by /Macau Gaming Industry/, with the economic recovery, Macau's employment environment has generally stabilized, but the number of people employed in the gaming industry has decreased to a certain extent.
According to the latest statistics, from May to July 2022, the number of people employed in the Macau gaming industry was 5, a decrease of 7% from the previous quarter.This change is mainly due to changes in the employment structure of Macau’s gaming industry during the epidemic.
Macau's overall unemployment rate fell by 0.2 percentage points to 2.6%, and the underemployment rate also declined.The new jobs will come mainly from retail and construction.As the economy recovers, employment demand continues to expand.
Comparing data with the same period last year, Macau's labor force participation rate, unemployment rate and underemployment rate have all dropped significantly.This shows that Macau's economy and job market are recovering rapidly.
The industry pointed out that the current labor supply and demand relationship in Macau has tended to be balanced.As the economy further recovers, the employment environment is expected to continue to improve.The gaming industry will adjust its employment structure according to market conditions and maintain stable development.
