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Written by: Lin Yingxian, Chung Yan
2021-06-17 16:42
Last update date: 2021-06-17 17:12
The new crown pneumonia epidemic has eased. The government announced the latest unemployment rate today (17th). The unemployment rate from March to May 2021 is 6%, down 0.4% from the previous period (February to April) of 6.4%, and underemployment. The industry also dropped from 3.3% in the previous period to 2.8%. The latest 233,300 people are unemployed.
The Census and Statistics Department today released the latest labor force statistics. In the latest quarter (March to May), the unemployment rate further dropped to 6.0%, and the underemployment rate also fell to 2.8%.
As for unemployment, it fell from 247,500 to 233,300, a drop of 14,200, and the number of underemployed people fell from 126,600 to 107,400 in the same period, a decrease of about 19,000.
Analyzed by industry, the unemployment rate of most major economic industries has fallen. Among them, the construction industry and the retail, accommodation and food service industries have relatively significant declines.
In terms of underemployment rates, the decline was mainly seen in the retail, accommodation and catering services, transportation, and arts, entertainment and recreational activities industries.
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The Secretary for Labor and Welfare, Law Chi-Kwong, said that with the economic recovery and the reduction of the local epidemic, the labor market has further improved this quarter. The unemployment rate of most economic industries has fallen from the previous March. The total unemployment in consumer and tourism-related industries The rate fell by 0.5 percentage points to 9.4%. Among them, the unemployment rate in the catering service activities fell by 0.8 percentage points to 11.3%, and the unemployment rate in the construction industry fell by 0.6 percentage points to 10.3%.
Law Chi Kwong, Secretary for Labour and Welfare.
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He also revealed that the Labour Department will also hold the "Mong Kok Job Fair" at the MacPherson venue from 20 to 21 next month, inviting more than 40 employers to provide a large number of job vacancies in different industries, and the authorities will continue to receive and publish job vacancy information. In this study, an average of 81,000 vacancies were recorded from March to May, an increase of 13.0% from February to April and a year-on-year increase of 59.6%.
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Leung Siu Kee, president of the Hong Kong General Chamber of Commerce, pointed out that the unemployment rate in Hong Kong has been rising in the past, but the growth of Hong Kong's foreign trade is expected to drive the economy to rebound, and the overall unemployment rate is expected to improve.
However, he pointed out that industries greatly affected by the epidemic have maintained a high unemployment rate so far. The local market is expected to remain sluggish. Unemployment is highly divergent. It may be restored after the switch is opened and employment will increase. He hopes that Hong Kong people will be vaccinated as soon as possible and clear customs as soon as possible.
Lin Jianfeng, a member of the Business Legislative Council, also pointed out that Hong Kong’s orders flowed out last year, but due to the unstable epidemic in the surrounding areas, the return this year has caused Hong Kong’s export figures to rise. This shows that Hong Kong has a solid foundation and is cautiously optimistic about Hong Kong’s economy in the coming year.
He believes that if customs clearance with the Greater Bay Area can be achieved as soon as possible, the Hong Kong economy can be revitalized, and the public is urged to be vaccinated as soon as possible.
▼The economy is hit hard by the epidemic, and job fairs are crowded▼
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▼Hong Kong government's new strategy for "Grain Needle": Benefits of vaccinated vs. vaccinated restrictions ▼
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