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Hong Kong’s jobless rate holds steady at 3.8% as economy, consumption improves

Hong Kong’s unemployment rate held steady at 3.8 per cent over the past three months, with authorities expecting that stronger economic growth and stable local consumption will continue to support the labour market. Preliminary data released by the Census and Statistics Department on Tuesday showed that movements in the unemployment rate in different industry sectors varied for the October to December period, but the magnitudes were generally small. The underemployment rate rose slightly by 0.1...


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