HK jobless rate drops on economic growth
Source: Xinhua |
January 19, 2011, Wednesday
|
Print Edition
Print Edition
HONG Kong's seasonally adjusted jobless rate fell to 4 percent between October-December from 4.1 percent between September-November, helped by sustained economic growth and job gains, the Census and Statistics Department announced yesterday.
The drop in the unemployment rate was mainly observed in the construction, education, repair, laundry, domestic and other personal-service activities sectors, the department said.
The job situation remains broadly stable, said Matthew Cheung, Secretary for Labor and Welfare.
"With the seasonal upsurge in business activities in the run-up to the Lunar New Year, there will be continuous demand for labor," he said.
The employers generally maintain a positive attitude towards business activity and staff recruitment in the next few months, Cheung said, citing a recent survey data. He expected the unemployment rate to remain low.
"The external environment, in particular the weak performance of the advanced economies and the sovereign debt crisis in the eurozone, remains a cause for concern. We will continue to monitor developments closely," Cheung said.
The jobless rate fell to 1.8 percent from 1.9 percent in the same period.
The drop in the unemployment rate was mainly observed in the construction, education, repair, laundry, domestic and other personal-service activities sectors, the department said.
The job situation remains broadly stable, said Matthew Cheung, Secretary for Labor and Welfare.
"With the seasonal upsurge in business activities in the run-up to the Lunar New Year, there will be continuous demand for labor," he said.
The employers generally maintain a positive attitude towards business activity and staff recruitment in the next few months, Cheung said, citing a recent survey data. He expected the unemployment rate to remain low.
"The external environment, in particular the weak performance of the advanced economies and the sovereign debt crisis in the eurozone, remains a cause for concern. We will continue to monitor developments closely," Cheung said.
The jobless rate fell to 1.8 percent from 1.9 percent in the same period.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
