The Limited Times

Now you can see non-English news...

Luo Zhiguang expected to have passed the peak of unemployment rate, "job sharing" theory is criticized: no plan to promote unpaid leave

2021-03-23T02:28:31.694Z


The unemployment rate in the latest period rose to 7.2%, another 17-year high. The Director of the Bureau of Labor and Welfare, Luo Zhiguang, stated on the Xincheng program today (23) that he believes that the unemployment rate will peak "highly," and he will announce the opportunity for the number to rise again next month.


Social News

Written by: Huang Yongyu

2021-03-23 ​​10:22

The last update date: 2021-03-23 ​​10:22

The unemployment rate in the latest period rose to 7.2%, another 17-year high.

The Director of the Bureau of Labor and Welfare, Luo Zhiguang, stated on the Xincheng TV show today (23) that he believes that the unemployment rate will peak "highly," and the chances of an increase in the number announced next month are low.

Luo earlier described that taking unpaid leave is "work sharing", which has attracted heated discussion in the community. He emphasized today that the government has no intention to promote related behaviors. He also believes that if employees need to choose between taking unpaid leave and layoffs, they will agree to One day fewer shifts during the week is more than the company's decision to lay off employees.

Luo Zhiguang said that he should carefully examine the peak period of the unemployment rate, "the possibility of peaking is high", and the chance of another rise next month is low. He stated that the unemployment situation was the worst in December last year and eased slightly in January and February. The number of job vacancies It is also more positive, and the current fitness group seems to be under control. If the epidemic continues to slow down, I believe that economic activities can gradually resume.

Director of the Bureau of Labor and Welfare, Luo Zhiguang (information picture)

At the Legislative Council meeting, Luo Zhiguang mentioned that employees take unpaid leave to reflect market changes and flexibility. It should be regarded as "work sharing", and even pointed out that if there is no "work sharing", some employers can actually lay off employees.



Luo today pointed out that at the time it was to explain the concept of "work sharing". The government had no plans to promote related behaviors, and he did not approve of it.

He also believes that, based on past experience, "If the staff in the shift is required to make a decision, it is better for everyone to return to fewer daily jobs, and it is better to decide to lay off some employees. The employees will vote to accumulate that it is better to return to fewer daily jobs than some colleagues. Fry the channel."

Regarding unemployment assistance, he once again reiterated that foreign systems require contributions and economic review.

He also pointed out that a political party has proposed a six-month temporary unemployment benefit, "I don't know where the optimism comes from," and believes that after the economy recovers, it will take a longer time for the liquid market to reorganize.

Regarding the cancellation of the MPF hedging, he hopes to submit it to the Legislative Council next year, and it is expected that it will be fully implemented in 2025 at the earliest.

▼The economy is hit hard by the epidemic, and job fairs are crowded▼

+6

+6

+6

▼The economy is hit hard by the epidemic, and job fairs of the Labour Department are flooding ▼

+4

+4

+4

01News

Unemployment Rate Law Chi Kwong Labour and Welfare Bureau

Source: hk1

All news articles on 2021-03-23

You may like

News/Politics 2024-03-20T22:02:52.468Z
News/Politics 2024-03-28T11:06:28.226Z
News/Politics 2024-04-11T20:30:51.504Z

Trends 24h

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.