Hong Kong's latest unemployment rate dropped to 3.1 percent between January and March, with some 115,100 citizens still hunting for jobs, according to data released by the Statistics Department on Monday. The latest rate marked a 0.2 decrease compared with the one logged between last December and this February. The underemployment rate also declined by 0.1 percent to 1.2 percent. During the January to March period, the unemployment rate decreased notably in the decoration, repair and maintenance for buildings sector; and wholesale sector. Decreases in the underemployment rate were mainly seen in the wholesale sector.

Source: The Standard April 24, 2023 10:11 UTC