Local residents’ unemployment rate remained unchanged year-on-year at 2.4% in the May-July survey period.
DSEC
Macau is in a technical recession after gross domestic product (GDP) fell by 1.8 per cent year-on-year in real terms in the second quarter and by 3.2 per cent in the first quarter.
Nearly 15%of Macau’s employees worked for the gaming sector in the second quarter of the year.
Average price of existing residential units rose 9.7 per cent quarter-to-quarter to 105,575 patacas in the second quarter.
Macau’s birth rate is declining and the city is entering the stage of an ageing society.
The financial losses caused by September’s Super Typhoon Mangkhut to Macau were estimated at 1.55 billion patacas – 520 million patacas in direct losses and 1.03 billion patacas in indirect ones – according to the Statistics and Census Bureau (DSEC).
Macau’s air quality slightly worsened last year: fewer days when air quality was “good” were recorded at a number of monitoring stations across the city last year.
The Economic Services Bureau (DSE) has finished a study on how Macau should reposition itself in the development of its industrial sector, according to a statement from the bureau on Sunday.
Macau 107 hotels and guesthouses welcomed 12 million guests last year, an increase of 13.6 per cent year-on-year, the Statistics and Census Bureau (DSEC) has announced.