HK Unemployment Rate Remains Unchanged
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2019-09-17 HKT 23:24
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Hong Kong's jobless rate has remained steady. The unemployment rate in the three months ending August stood at 2.9 percent, which was unchanged from the previous reading.
The under-employment rate also stayed the same, at 1 percent.
The catering sector saw an increase in unemployment in the latest three-month period but that was offset by an increase in hiring in the construction trade.
The Secretary for Labour and Welfare, Law Chi-kwong, said the job market will be subject to increasing pressure in the near term amid weak local consumption and a drop in visitor arrivals caused by the recent social unrest over the extradition bill.
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