Hong Kong’s unemployment rate is expected to rise for the sixth straight month once first-quarter figures are reported, reflecting the battered state of the economy amid the coronavirus pandemic, top officials have warned.Chief Secretary Matthew Cheung Kin-chung and Financial Secretary Paul Chan Mo-po wrote about the grim outlook on their blogs on Sunday, ahead of the announcement on Monday.Hong Kong’s jobless burn savings waiting for government help and coursesIn February, Hong Kong’s jobless…
from South China Morning Post https://bit.ly/2VhiYpE
Sunday, April 19, 2020
Expect unemployment rate to rise for sixth straight month amid coronavirus pandemic, Hong Kong’s top officials warn
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