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Hong Kong unemployment rate drops to 5.5 per cent as city brings Covid-19 situation under control

Hong Kong’s unemployment rate dropped sharply to 5.5 per cent for the three-month period ending in June, easing to a level not seen for more than a year as the economy gathered steam amid a relaxation of social-distancing rules.The rolling figure for April to June was down 0.5 percentage points from the period spanning March to May, the Census and Statistics Department revealed on Tuesday.The rate is the lowest since the beginning of the pandemic last year, when it reached 5.9 per cent in the…

Read the original article at South China Morning Post

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