The numbers of full-time employees in Hotels (53,802), Restaurants (22,914) and Elderly Care (1,383) rose 21.7%, 1.1% and 5.3% respectively year-on-year at the end of the third quarter of 2023.
In September, average earnings of full-time employees in some industries increased, attributable to a rise in the number of working hours of employees and a decrease in the number of relatively low-paid employees.
Data from the Statistics and Census Service (DSEC) shows that average earnings of those in Hotels (MOP19,640) and Restaurants (MOP10,240) both grew 5.6% year-on-year, and earnings of those in Manufacturing (MOP12,980) and Elderly Care (MOP16,820) increased 9.8% and 4.7% respectively.
With the economy’s gradual recovery, the demand for manpower increased. At the end of the third quarter, job vacancies in Hotels (1,882) and Restaurants (1,542) rose by 1,460 and 514 respectively year-on-year, while those in Manufacturing (245) decreased by 162.
In the third quarter, the job vacancy rate (3.4%) and the employee recruitment rate (12.8%) of Hotels rose by 2.5 and 11.0 percentage points respectively year-on-year. LV
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