Wednesday, March 18, 2009

HK jobless rate hits 5%


HK jobless rate hits 5%
18-03-2009

Hong Kong's unemployment rate has risen to five percent - the highest level since June 2006. The previous figure was 4.6 percent. Job losses were reported in construction, transport, the import and export trade, manufacturing and restaurants. The Labour Secretary, Matthew Cheung, said the worsening job market was noticeable and he expects unemployment to rise further.

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