12/8/2017-1

The unemployment rate continued to see 3.1%

The latest unemployment rate in May to July continued to be national employment, as low as 3.1 per cent, and the underemployment rate fell to a 20-year low, falling to 1.1 per cent But the unemployment rate for young people aged between 15 and 24 continued to deteriorate, rising from 8% to 9% in the previous month and up by 1.6%.

The latest rate of unemployment, which was released from May to July this year, remained unchanged at 3.1%. The underemployment rate fell further by 0.1 percentage point to 1.1% Twenty years low. During the period, the number of unemployed increased by three thousand to 12,820; the total number of employed persons and the total working population increased by 11,400 and 14,500 respectively Thirteen thousand five thousand people and three hundred and seventy-seven thousand seven hundred and twenty hundred people.

The Secretary for Labor and Welfare, Mr Lo Chi-kwong, said that the latest unemployment rate from May to July was low, that it was to maintain the employment situation of the whole people and benefited from good market conditions. The underemployment rate fell to a low of nearly 20 years. The labor and total employed population continued to see On a year-on-year basis, the unemployment rate of multiple industries was also lower than that of last year. The unemployment rate of retail accommodation and catering industry continued to fall from the lowest level since the end of the year, down by 0.1 percentage point to 4.6%.