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Coronavirus pandemic could scar Hong Kong youth economically for life – but offers opportunities too

After the 2008 global financial crisis wreaked havoc across financial markets around the world, young people would feel its after-effects for years to come, as employment rates did not recover to their pre-crisis levels. Hong Kong’s youth may face a similar fate. Today, the youth unemployment rate has skyrocketed to 9.9 per cent, more than double the overall unemployment rate. As the trend shows no signs of abating, it may reach the levels we witnessed during the severe acute respiratory…

Read the original article at South China Morning Post

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