Macao’s minimum wage is going up to 34 patacas per hour next year. That extra money has to come from somewhere.
Statistics and Census Service (DSEC)
The cumulative total for the first three quarters exceeds 2019’s but consecutive quarterly declines in 2023 have retailers concerned.
Local eateries emerged from the doldrums and saw a significant rise in receipts, when compared with their takings in the previous three months.
City marks negative growth for three consecutive quarters and highest unemployment rate in nearly 15 years.
