Dealer vacancies shrink 79 pct in Q2

Amid the downturn of the city’s gaming revenues, the gaming industry offered only 507 jobs in the second quarter of this year, representing a plunge of 66.8 per cent as compared to the 1,529 jobs on offer one year ago. Vacancies for dealers, in particular, dropped by 78.7 per cent year-on-year, the latest data released by Statistics and Census Service (DSEC) reveals.
According to DSEC, the city’s gaming industry supported 57,422 full-time employees as at the end of the second quarter, a slight increase of 1.3 per cent year-on-year. Nevertheless, the number of dealers decreased 2.5 per cent year-on-year to 25,072. In addition, vacancies for the position dropped to 107 from 503 one year ago.
Nevertheless, the average earning of dealers increased 6 per cent year-on-year to MOP18,580 (US$2,322) as at the end of the second quarter, while the overall average earning of full-time employees in the industry rose 6.5 per cent year-on-year to MOP21,480.
Dealers accounted for 43.7 per cent of the total full-time workforce in the industry in the second quarter, followed by hard and soft count clerks, as well as service and sales workers, accounting for 28.3 per cent and 10.8 per cent of the total, respectively.
The sector welcomed 1,972 new employees in the second quarter, representing a decrease of 36.9 per cent from 3,124 one year ago, driving the employee recruitment rate down 2 percentage points year-on-year to 3.5 per cent.
In addition, the employee turnover rate and job vacancy rate also declined 2.6 and 1.7 percentage points, reaching 1.5 per cent and 0.9 per cent, respectively. DSEC said the drop in such rates indicated a slowdown in demand for manpower in the industry.
DSEC also noted that its data did not cover the city’s junket promoters and junket associates.