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October 19, 2011

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Home » Business » Economy

HK's jobless rate

HONG Kong's unemployment rate stayed at the lowest level in 13 years, bolstering the city's growth and helping it avoid a recession.

The rate for the three months ended September was 3.2 percent, flat from the period through August, the government said on its website yesterday.

Median monthly household income rose 9 percent year on year in the second quarter, according to the government, after Hong Kong introduced the minimum wage of HK$28 (US$3.6) per hour in May.



 

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