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HK's jobless rate climbs to 3.4%
Source: Xinhua |
November 20, 2012, Tuesday
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Print Edition
Print Edition
HONG Kong's seasonally adjusted jobless rate rose from 3.3 percent in July-September to 3.4 percent in August-October, while the underemployment rate fell from 1.6 percent to 1.5 percent, the Census & Statistics Department said yesterday.
The unemployment rate rose in the accommodation services, transport and construction sectors. For the underemployment rate, decreases were mainly seen in the construction, and wholesale sectors. The total employment increased by around 6,000 from 3,658,900 in July-September to 3,664,900 in August-October. Over the same period, the labor force also gained by around 4,100 from 3,791,800 to 3,795,900.
The unemployment rate rose in the accommodation services, transport and construction sectors. For the underemployment rate, decreases were mainly seen in the construction, and wholesale sectors. The total employment increased by around 6,000 from 3,658,900 in July-September to 3,664,900 in August-October. Over the same period, the labor force also gained by around 4,100 from 3,791,800 to 3,795,900.
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