22 Nov 2022
Hong Kong unemployment rate dropped slightly from 3.9% (May to Jul) to 3.8% (Aug to Oct), while the underemployment rate also fell by 0.1ppt QoQ to 1.7%. During the same period, the number of unemployed citizens decreased by around 7,900 to 147,400, and the number of underemployed citizens dropped by around 5,600 to 63,400. More distinct declines were observed in the decoration, repair, and maintenance of buildings sector, retail sector, and food and beverage service sector.
CROSBY Research – Crosby Bi-noculars (Bi-weekly Issue 25)