The 16-year high of the unemployment rate is approaching SARS! Does the income of Hong Kong people rise instead of falling? See the latest labor in your industry

Research Institute

Author: Master of Number Research

2021-01-19 17:09

Last update date: 2021-01-19 17:09

First look at the trend of unemployment rate in Hong Kong▼▼▼

The fourth wave of new crown pneumonia in Hong Kong is still severe. The latest data from the Census and Statistics Department shows that the unemployment rate rose to 6.6% from October to December 2020, a new high since 2004, approaching the SARS level in 2003. The unemployment rate is 7.9%.

"Hong Kong 01" checked the statistics of the Census and Statistics Department. The number of employees in Hong Kong continued to decline, but the number of employees in one of the age groups in the epidemic city did not decline but increased.

In addition, the epidemic has hit all walks of life hard, and the median employment income in many industries has fallen, that is, whether the median of your industry rises or falls▼▼▼

It is worth noting that although the number of employed people has decreased and the median income of many industries have fallen, the median employment income in Hong Kong has actually risen slightly, and the number of employees with an annual salary of one million has also increased. This shows that the epidemic has affected the highest income group of workers. The impact on children may be more subtle, and it will be greater for the lower income group.

01New Crown Pneumonia SARS Unemployment Rate, Statistics Department, Research Institute