Hong Kong’s unemployment rate, already at a 16-year high, will get worse before it gets better, a government economist predicted on Thursday, though further relief measures for industries slammed by the Covid-19 pandemic were on the way in the administration’s annual budget.Andrew Au Sik-hung said the jobless figures for October to December would grow from the three months prior – when they hit 6.3 per cent – due to stringent social-distancing measures triggered by a fourth wave of coronavirus…



READ SOURCE

READ  Coronavirus: Hong Kong cable car gets boost as hundreds line up for a change of scene amid months of Covid-19 restrictions

LEAVE A REPLY

Please enter your comment!
Please enter your name here