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Hong Kong jobless rate worsens to 7 per cent in January as coronavirus fourth wave takes toll

Joblessness in Hong Kong worsened in January to 7 per cent – close to a 17-year high – piling pressure on the government to roll out emergency measures in its coming annual budget.The rolling quarterly unemployment rate between November and January was 0.4 percentage points higher than the 6.6 per cent recorded in the three months ending December 31, according to the Census and Statistics Department on Thursday.Some 7,500 more people were out of work as of January 31, bringing the total to 253…

Source: Hong Kong jobless rate worsens to 7 per cent in January as coronavirus fourth wave takes toll

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