Hong Kong's Jobless Rate Falls To Lowest In A Year
"); jQuery("#212 h3").html("

"); });
2021-06-17 HKT 17:46
Hong Kong's unemployment rate has dropped to its lowest level in a year, falling to six percent in the three months to the end of May, down from 6.4 percent.
Government figures show the SAR's jobless rate has fallen gradually since reaching a 16-year peak of 7.2 percent for the December to February period.
The administration said the employment situation between March and the end of May improved in almost all major sectors, with larger decreases in jobless rates recorded in construction, retail, accommodation and food services.
The underemployment rate also came down, from 3.3 percent to 2.8 percent.
Labour Secretary Law Chi-kwong said the local economic recovery and easing pandemic situation had helped the labour market.
But he warned that the global Covid situation remains uncertain and some sectors may take longer to recover.
StartmeupHK Festival And Hong Kong Fintech Week 2025 Merge For 10th Anniversary Milestone
Invest Hong Kong (InvestHK) announced on 10 March 2025 that both of its flagship events, Hong Kong Fintech Week 2025 an... Read more
Ant AI-Powered Health Insurance Processes 7.25M Claims In 2024, 55%YoY Increase
In 2024, Ant Insurance, the online insurance brokerage platform of Ant Group, processed 7.25 million health claims, mar... Read more
Ping An Talent Uses AI For Job Matching, But Can Technology Make Recruitment Fairer?
Ping An Insurance (Group) Company of China, Ltd. has launched its 2025 Spring Campus Recruitment, offering over 2,000 p... Read more
HKEX Partners With CMU OmniClear To Boost Post-Trade Securities Infrastructure
Hong Kong Exchanges and Clearing Limited (HKEX) announced on 4 March 2025 that it signed a Memorandum of Understanding ... Read more
PAObank Secures Insurance Agency Licence, Partners With Ping An And FWD Hong Kong
PAO Bank Limited (PAObank) has received its Insurance Agency Licence from the Insurance Authority and signed strategic ... Read more
IFAST Launches Self-Service Accounts For Hong Kong Family Offices
Fintech solutions provider iFAST HK launches self-service accounts in Hong Kong, catering to the growing demand for ind... Read more