Hong Kong unemployment rate remains at 16-year high of 6.4 per cent as effects of coronavirus pandemic continue to be felt

Hong Kong’s unemployment rate has remained at a 16-year high of 6.4 per cent but fears are mounting over the impact of the government’s wage subsidy scheme ending this month.About 257,800 people were without work between August and October, around 2,000 fewer than the three-month period of July to September, but total employment increased by around 2,900 to almost 3.63 million, according to the data released by the Census and Statistics Department on Tuesday.Economists expected the figure would…

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