NEWS > Taiwan/HK
Labor force at record high of 3.4 mln in HK
2006-01-19 06:48:28 Xinhua English
HONG KONG, Jan. 19(Xinhuanet)-- The number of people with jobs in Hong Kong reached a record high of 3.43 million for the October-December 2005 period as the number of jobless declined to its lowest level in 52 months, according to a government press release on Thursday.

Provisional figures from Hong Kong's Census& Statistics Department indicated that the seasonally adjusted unemployment rate stood at 5.3 percent for October-December 2005, unchanged from September-November 2005. The provisional underemployment rateedged up from 2.4 percent to 2.5 percent.

Comparing October-December with September-November, there were more jobs in the manufacturing, hotels, transport, and sanitary-services sectors.

According to the press release, for 2005 as a whole, the jobless rate averaged 5.6 percent, well below the 6.8 percent in 2004. This was due to faster growth in total employment-- 2.3 percent-- than the 1 percent growth in the total labor force.

Looking ahead, labor demand is expected to stay firm in the run-up to the Lunar New Year, said the department. Enditem

HK to issue"Charming Chinese Lanterns" special stamps  
Top US self-storage company opens 2nd HK facility  
Rail service under close watch in HK  
Taiwan's new "premier" appointed  
Poor air quality to deduct HK's competitiveness  
Two-thirds of Taiwan households linked to Internet: Survey  
5 charged with conspiracy to defraud in HK  
Tony Leung to play late Peking Opera star Mei Lanfang  

SINA English is the English-language destination for news and information about China. Find general information on life, culture and travel in China through our news and special reportsúČor find business partners through our online Business Directory. For investment opportunities with SINA, please click the link "Investor" below.
| About SINA | Investor | Media Kit | Comments or Question? |
Copyright© 2005 SINA.com. All Rights Reserved