Number of Macao’s manufacturing employees down 4.4% in Q3

Number of Macao’s manufacturing employees down 4.4% in Q3

MACAO, Dec. 10 (Xinhua) — A total of 16,321 persons were employed in Macao’s manufacturing sector at the end of the third quarter of 2009, dropping significantly by 31.8 percent year-on-year, according to the figures released on Thursday by the city’s Statistics and Census Service (DSEC).

The average earnings of full time employees in the manufacturing sector rose by 4.8 percent year-on-year to 5,630 patacas (713 U.S. dollars) in the third quarter this year, the DSEC figures indicated.

As for the hotels and restaurants sector, there were a total of47,345 paid employees in the period, dropping by 4.4 percent over last year, and the average earnings also decreased by 1.4 percent to 9,960 patacas (1,261 dollars).

Meanwhile, the local financial sector employed 5,475 persons in the third quarter, dropping by three percent year-on-year, with 4,640 working in local banks. The average earnings for full-time employees in the period rose marginally by 0.1 percent year-on-year to 17,470 patacas (2,211 U.S. dollars).

At the end of September this year, the Manufacturing, Hotels and restaurants and Financial sectors reported 1,534, 3,790 and 163 vacancies respectively, down 15.8 percent, 5.7 percent and 8.9percent year-on-year, according to the DSEC.?