Hong Kong’s unemployment rate fell to 4.1% in the three months ended Nov. 30, as strength in the local economy spurred job growth, the Census and Statistics Department said Thursday.
The seasonally adjusted jobless rate fell from 4.2% in the August-October period, and was in line with the median 4.1% forecast of 10 economists surveyed earlier by Dow Jones Newswires.
The city’s jobless rate peaked at 5.5% in June-August 2009 period following the financial crisis, before it started to decline. It had been unchanged at 4.2% in the previous three three-month periods between June and October this year.(Wall Street Journal Asia)
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