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Hong Kong’s August-October unemployment eases to 3.8pc

HONG KONG (CNA) – Hong Kong’s seasonally adjusted unemployment rate eased to 3.8 per cent in the August-October quarter, improving for the sixth consecutive period as economic activities revive in an easing COVID situation, the government said yesterday.

In the July-September period, the unemployment rate stood at 3.9 per cent.

“As long as the epidemic remains under control and anti-epidemic measures are suitably relaxed, coupled with the help of the Consumption Voucher Scheme, economic activities should gradually return to normal,” the government said, adding tightened financial conditions will constrain demand.

 

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