The Statistics and Census Service (DSEC) released results of the Survey on Manpower Needs and Wages for the third quarter of 2014. Survey coverage for this quarter comprises Manufacturing; Hotels; Restaurants; Financial Activities; Electricity, Gas & Water Supply; Child-care and Elderly Care. This survey excludes the self-employed, as well as insurance agents and brokers not directly employed by insurance companies. At the end of the third quarter of 2014, Hotels had 45,584 full-time employees, up by 2.6% year-on-year. In September, average earnings (excluding bonuses and allowances) of full-time employees in Hotels rose by 10.7% year-on-year to MOP15,750. Restaurants had 23,831 full-time employees, up by 9.3%, with the average earnings rising by 8.4% to MOP8,860. Manufacturing had 9,247 full-time employees, down by 6.9% year-on-year. Average earnings of full-time employees in September rose by 13.4% year-on-year to MOP9,650. Electricity, Gas & Water Supply had 1,092 full-time employees, and their average earnings increased by 7.8% to MOP27,790. Financial Activities had 6,530 full-time employees, up by 2.7% year-on-year, with those working in Banking (5,673) rising by 3.1%. In September, average earnings of full-time employees in Banking rose by 7.5% to MOP23,070. Child-care and Elderly Care had 974 and 625 full-time employees, up by 14.7% and 1.6% respectively year-on-year. In September, average earnings of full-time employees in Child-care increased by 10.3% to MOP11,800; those working in Elderly Care earned an average of MOP11,410, up by 7.7%. At the end of the third quarter of 2014, Hotels and Restaurants had 2,711 and 3,113 vacancies, up by 619 and 517 respectively year-on-year. Job vacancies in Banking totalled 245, up by 86 year-on-year. About 97.6% and 90.6% of the vacancies in Banking required knowledge of Mandarin and English respectively; 95.5% of the vacancies in Insurance required knowledge of English, while 74.5% of those in Hotels required knowledge of Mandarin. In the third quarter of 2014, the vacancy rate in Restaurants increased by 1.0 percentage point year-on-year to 11.6% and the employee turnover rate (7.7%) rose by 0.7 percentage points, indicating that the turnover of employees showed little improvement. In Banking, a total of 520 new employees were hired in the third quarter; the employee recruitment rate (9.3%) increased by 2.4 percentage points year-on-year and the job vacancy rate (4.1%) rose by 1.3 percentage points, indicating that there were still some vacancies to be filled. As regards vocational training in the surveyed industries, a total of 28,167 participants attended training courses provided by the establishment in the third quarter of 2014 (including courses organized by the establishment or in conjunction with other institutions, and those sponsored by the employer); 76.5% of the elderly care institutions and 71.4% of the banks provided training courses to their employees. Over 60.0% of the participants working in most of the industries attended courses paid by the establishment, while the corresponding rate in Child-care was just 24.4%. Analyzed by course type, most of the courses were in Services, and Business & Administration. Among the participants from Banking (6,058), 73.8% attended courses in Business & Administration and 12.1% in Law. Hotels had 18,788 participants attending vocational training, with 46.4% taking courses in Business & Administration and 20.9% in Services.
