Hong Kong’s jobless rate rises to 12-month high of 5.4 per cent as social-distancing curbs hit businesses hard amid fifth Covid-19 wave


Source: scmp.com scmp.com

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Hong Kong’s unemployment rate climbed up to 5.4 per cent in the three months ending in April, the highest in a year, as harsh social-distancing curbs amid the peak of the city’s fifth Covid-19 wave took a toll on businesses. The jobless rate was up 0.4 percentage points in the rolling period from February to April, compared with 5 per cent in the period from January to March, according to provisional figures released by the Census and Statistics Department on Thursday. The unemployment figure was 5.4 per cent in the April to June period last year. During the period to...