The gaming, hospitality and restaurant trades saw the biggest increases in employment, according to the DSEC.
unemployment rate
The newest DSEC data reveals only the most marginal improvements in joblessness and underemployment since the last month of the pandemic.
Residents and businesses could be in line for a third round of financial support measures if something “unexpected” happens.
“When the unemployment rate is high, continuing education is a solid option,” says Macau Institute of Management president.
Macao residents’ unemployment rate dropped by 0.1 percentage point in September-November 2020, totaling a labour force of 397,800.
Macao’s general unemployment rate and local residents’ jobless rate of local residents for August-October remained unchanged at 2.9% and 4.1%.
Macao’s general unemployment rate for June-August stood at 2.8%, while local residents’ jobless rate amounted to 4.0%, up by 0.1 and 0.2 percentage points respectively from the previous survey period (May-July).
Macao’s general unemployment rate between May and July reached 2.7 per cent, up by 0.2 percentage points from the April-June survey period.
The novel coronavirus outbreak is impacting employment, causing job uncertainties in the workforce, as well as fresh graduates, two civic leaders have warned.