Hong Kong’s August-October unemployment eases to 3.8%, improving for 6th straight period
2022.11.17 04:03
© Reuters. FILE PHOTO: Job seekers wearing face masks fill in forms at a job fair amid the coronavirus disease (COVID-19) outbreak, in Hong Kong, China October 29, 2020. REUTERS/Tyrone Siu
HONG KONG (Reuters) – Hong Kong’s seasonally adjusted unemployment rate eased to 3.8% in the August-October quarter, improving for the sixth consecutive period as economic activities revive in an easing COVID situation, the government said on Thursday.
In the July-September period, the unemployment rate stood at 3.9%.
“As long as the epidemic remains under control and anti-epidemic measures are suitably relaxed, coupled with the help of the Consumption Voucher Scheme, economic activities should gradually return to normal,” the government said, adding tightened financial conditions will constrain demand.
