empty
 
 

2019.08.1907:35:00UTC+00Hong Kong Jobless Rate Rises In July

Hong Kong's jobless rate rose marginally during the May to July period, data from the Census and Statistics Department showed on Monday.

The unemployment rate rose to 2.9 percent during the May to July period from 2.8 percent in the April to June period.

The underemployed rate remained unchanged at 1.0 percent in the two periods.

On an unadjusted basis, the number of unemployed persons increased to 118,500 in the May to July period from 114,300 in April to June.

The total employed decreased by 3,300 to 38.67 billion in the May to July period.

"As the economy is expected to stay weak in the coming months, the local labor market will unavoidably be subject to greater pressure," the Secretary for Labor and Welfare, Dr Law Chi-kwong, said.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback