The Limited Times

Now you can see non-English news...

New Coronary Pneumonia | The latest unemployment rate rose to 5.2%, the highest level in more than a decade 

2020-05-19T09:02:04.683Z


The new pneumonia epidemic is rampant. The latest statistics on the workforce released by the Census and Statistics Department today (19th) showed that the unemployment rate in Hong Kong from February to April was 5.2%, an increase of 1% from 4.2% from January to March last year , The highest level in more than 10 years; the underemployment rate also rose from 2.1% to 3.1%, the highest level in more than 15 years. In addition, the number of unemployed also exceeded 200,000. The Secretary for Labour and Welfare, Luo Zhiguang, pointed out that the total unemployment rate in the retail, accommodation and catering services industry has soared to 9.0%, the highest level in more than 15 years, and the underemployment rate has soared to 5.9%, the highest level on record. Bit.


Social News

Written by: Huang Yongyu

2020-05-19 16:37

Date of last update: 2020-05-19 16:57

The new pneumonia epidemic is rampant. The latest statistics on the workforce released by the Census and Statistics Department today (19th) showed that the unemployment rate in Hong Kong from February to April was 5.2%, an increase of 1% from 4.2% from January to March last year , The highest level in more than 10 years; the underemployment rate also rose from 2.1% to 3.1%, the highest level in more than 15 years. In addition, the number of unemployed also exceeded 200,000.

The Secretary for Labour and Welfare, Luo Zhiguang, pointed out that the total unemployment rate in the retail, accommodation and catering services industry has soared to 9.0%, the highest level in more than 15 years, and the underemployment rate has soared to 5.9%, the highest level on record. Bit.

▼ A number of measures of the second round of anti-epidemic and anti-epidemic funds ▼

+12

+11

+10

The latest data shows that the number of unemployed rose from 162,200 to 202,500 from February to April, an increase of about 40,300. The number of underemployed persons also increased from 82,800 to 118,600 during the same period, an increase of approximately 35,800.

Luo Zhiguang pointed out that the year-on-year decline in the total number of employees and the labor force has further expanded to 5.4% and 3.0%, respectively, both of which are the largest declines on record. In addition, the combined unemployment rate in the retail, accommodation and catering services industry has soared to 9.0%, the highest level in more than 15 years, while the underemployment rate has soared to 5.9%, the highest level on record.

The Secretary for Labour and Welfare, Luo Zhiguang. (Profile picture)

Luo Xu pointed out that the unemployment rate and underemployment rate of the food service industry surged to 12.0% and 8.4%, respectively, and the unemployment rate and underemployment rate of the construction industry rose to 10.0% and 8.0%, respectively. The situation is also grim. The labor market conditions have also deteriorated, especially in the education, information and communications industries, professional and business services industries, and arts, entertainment, and recreational activities.

He also said that the labor market will continue to face tremendous pressure in the short term. The government has introduced the largest relief measures in history, including a series of measures to protect employment and create jobs, which should help protect the employment of employees. The government will pay close attention to the relevant Happening.

unemployment rate

Source: hk1

All news articles on 2020-05-19

You may like

News/Politics 2024-03-28T14:45:18.495Z
News/Politics 2024-02-29T10:15:31.108Z
News/Politics 2024-03-28T09:36:50.877Z
News/Politics 2024-03-20T22:02:52.468Z

Trends 24h

News/Politics 2024-04-18T20:25:41.926Z

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.