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Hong Kong jobless rate edges down to 6.3 per cent, but pressure on labour market likely to increase amid fourth wave, official warns

Hong Kong’s unemployment rate declined marginally in November, to 6.3 per cent, but the government has warned that the city’s ongoing fourth wave of coronavirus infections is still putting a strain on job security.There were 244,300 people out of work between September and November, 13,500 fewer than during the three months from August to October, the Census and Statistics Department said on Thursday.The latest unemployment rate was 0.1 percentage point lower than the 6.4 per cent rate recorded…

Read the original article at South China Morning Post

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