The unemployment rate fell slightly by 0.1 percentage point to 6.3%, but HR is expected to rebound next month in the fourth wave of the epidemic

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Written by: Mackayin Huang Yongyu

2020-12-17 16:44

Last update date: 2020-12-17 17:49

The new crown pneumonia epidemic has repeatedly hit all walks of life. The Census and Statistics Department announced today (17th) the latest figures on the unemployment rate. The unemployment rate from September to November this year was 6.3%, a slight decrease of 0.1 percentage point from the 6.4% in October.

The number of unemployed soldiers decreased from about 257,000 to about 244,000.

In addition, the underemployment rate also fell by 0.4 percentage point to 3.4% from 3.8% in August to October.

Among the major economic industries, the unemployment rate of the catering service activity industry also fell from 14.8% to 13.1%, the largest decline, and it was the only industry where the unemployment rate fell for two consecutive months.

The personnel consultant believes that the government did not promote the employment plan in December, but the fourth wave of epidemics is fierce. The retail industry and the catering industry have lost the golden period of holidays. It is believed that the unemployment rate in December will inevitably rise.

Under the impact of the new crown pneumonia epidemic, all industries have been in depression, and many people have applied for jobs at the Association of Labor Department's recruitment.

(Profile picture / photo by Liang Pengwei)

The number of unemployed fell by more than 13,000

According to the latest unemployment rate figures from the Census and Statistics Department, the unemployment rate from September to November this year was 6.3%, a slight decrease of 0.1 percentage point from the 6.4% in October.

The number of unemployed soldiers decreased from approximately 257,000 to approximately 244,000.

The underemployment rate also fell by 0.4 percentage points to 3.4% from 3.8% from August to October, and the number of people fell from 148,000 to 133,000, a decrease of approximately 15,000.

The unemployment rate in the food service activities industry fell for two consecutive months

Among them, the unemployment rate in the catering service activity industry fell from 14.8% in October to 13.1%, a drop of 1.7 percentage points. Compared with the peak of 15.2% in September, the unemployment rate dropped by 2.1 percentage points. It was also the only industry where the unemployment rate recorded two consecutive times. Month down.

In addition, the total unemployment rate in consumer and tourism-related industries, namely retail, accommodation and catering services, also fell slightly by 1.1% from 11.2% in October to 10.1% in November.

▼Hong Kong Airlines fired 250 crew members on December 11▼

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Luo Zhiguang: The fourth wave of the epidemic caused pressure on the labor market to rise

The Secretary for Labour and Welfare Law Chi-kwong said that the labor market conditions remained weak from September to November. During this period, the third wave of the local epidemic stabilized and the labor market showed a slight improvement.

However, he expects that with the recent fourth wave of the local epidemic, pressure on the labor market is expected to rise again in the short term.

Senior human resources consultant Zhou Qiping was surprised that the unemployment rate fell in November, which is expected to be related to the stable epidemic.

(Profile picture)

Senior human resources consultant Zhou Qiping was surprised that the unemployment rate fell in November. "At most, I thought it was stable." It is believed to be related to the relatively stable epidemic in Hong Kong from October to November. However, the fourth wave of the epidemic is now raging. "Restaurants are not allowed to open again. In December, during the whole year's program schedule, many industries at IKEA will not be able to grasp it." In addition, the government has not promoted the employment plan again. I believe that SMEs will find it difficult to open, and there will be airlines this month. Companies, travel agencies and other layoffs will inevitably increase the unemployment rate afterwards.

The Secretary for Labour and Welfare, Law Chi Kwong.

(Photo by Ou Jiale)

▼No dinning in restaurants after 6 o'clock will be effective for two weeks from December 10th▼

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Unemployment rate, Labour and Welfare Bureau, Law Chi Kwong