Census and statistics department - Latest News Update, Information, Photos & Videos on Census and statistics department at Lokmat Times

Hong Kong, Jan 19 Hong Kong's unemployment rate hit a 16-year high in the period between October-December 2020 as the fourth wave of the Covid-19 pandemic further compounded the city's labour market situation, official data revealed on Tuesday.The seasonally adjusted unemployment rate rose from 6.3 per cent in the September-November period to 6.6 per cent in the October-December period, the city's Census and Statistics Department said in a statement.Meanwhile, the underemployment rate remained unchanged at 3.4 per cent, Xinhua news agency reported.Law Chi-kwong, Secretary for Labour and Welfare, said the unemployment rate in the consumption- and tourism-related sectors, including retail, accommodation and food services, rebounded by 0.5 percentage point to 10.6 per cent in the October-December period.The Secretary added that the situation in the food and beverage services sector was the most severe, with the jobless rate being up to 13.8 per cent.The unemployment rate in many other sectors also rose, Law said.Looking ahead, Law predicted that the labour market will remain under notable pressure in the near term as the coronavirus pandemic will continue to weigh on local consumption sentiment and disrupt economic activities.The Hong Kong government has rolled out targeted measures to provide further support to the hard-hit sectors, and will continue to monitor the situation closely, Law said.Earlier this month, Hong Kong authorities launched an employment scheme to encourage local college graduates to pursue their careers in the mainland cities of the Guangdong-Hong Kong-Macao Greater Bay Area.The scheme involves as many as 2,000 job opportunities with government granting enterprises for each graduate they employed a monthly allowance of HK$10,000 ($1,290) for up to 18 months.( With inputs from IANS )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Lok Sabha Election 2024

Ram Navami 2024

Dubai Rains

Maharashtra Lok Sabha Election

IPL 2024

Salman Khan

Census And Statistics DepartmentFOLLOW

Census and statistics department, Latest News

Politics :Disapproval of the Caste Census Report by Lingayats, Vokkaligas and Pontiffs; demand for rejection of the 'unscientific' report and re-survey

As soon as the state government received the hand census report of the State Commission for Backward Classes the ... ...

Business :Inflation in Pakistan surges to 38 pc, surpasses Sri Lanka's figure in May

Islamabad [Pakistan], June 2 : The inflation rate in Pakistan soared to a record 38 per cent on a ... ...

International :Hong Kong's unemployment rate hits 16-yr high

Hong Kong, Jan 19 Hong Kong's unemployment rate hit a 16-year high in the period between October-December 2020 ... ...