The jobless rate rose from 3.7 per cent in the December-February period, government data showed. — Reuters pic
The underemployment rate hit nearly a decade high of 2.1 per cent, from 1.5 per cent in the previous three-month rolling period.The year-on-year declines in total employment and the labour force widened further to 3.6 per cent and 2.2 per cent respectively, both the largest on record. The government earlier this month announced relief measures worth HK$137.5 billion to help businesses and people losing money due to the coronavirus outbreak to stay on their feet, and urged employers not to lay off workers.
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