China Financial Daily

December 8, 2008

Hong Kong Unemployment Rate and Dongguan Unemployment Rate

Filed under: Financial News — Tags: — Nancy @ 10:35 pm -0800

Statistics show that: the unemployment rate in Hong Kong next year will reach 5%
The global financial crisis triggers the series of layoffs in Hong Kong. Hong Kong SAR Census and Statistics Department’s latest data showed that from August-October this year, Hong Kong unemployment rate was 3.5%, which was 0.1 percentage points higher than the proportion from July to September. Therefore, the retail, transport and import and export trade have become the hardest hit of unemployment.

Dongguan unemployment rate is only 1.22% at the end of the third quarter of this year
From January to October this year, Dongguan invested various employment subsidy funds in employment, skills training, social security subsidies, small loans and other types, the total value was 95.05 million yuan, which increased 34000 new jobs. The registered urban unemployment rate in Dongguan in the third quarter was 1.22 percent.

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