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  • October 23, 2014
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  1. Military taps Indian contractors despite ban

    Posted May 05th 2004, 12:00am by Maseeh Rahman

    ... The United States military is employing thousands of Indian workers in Iraq despite New Delhi banning its citizens from working there. Tens of thousands of workers from India and Bangladesh have also reportedly been hired by contractors in the country. Re ...

  2. Jobless rate falls to 4.9pc, lowest for a year

    Posted Jan 20th 2010, 12:00am by Martin Wong

    ... Martin Wong The unemployment rate has fallen to 4.9 per cent, its lowest level since January of last year, with the most noticeable decrease seen among people aged between 15 and 24. The labour chief and a senior economist warned, however, that the future may not be as rosy as the figures suggested. The jobless rate has been steadily falling since hitting a peak of 5.4 per cent ...

  3. Low employment rate not necessarily good news for Hong Kong's future

    Posted Dec 30th 2007, 12:00am by Staff Reporter

    ... The government recently announced the unemployment rate had dropped from 3.9 per cent in October to 3.6 per cent in November, and victoriously claimed it was the lowest level since April ... leaving the labour force and a decreasing number of people entering it. The former is caused by the retirement of baby boomers while a decline in the birth rate since the 1980s accounts ...

  4. HK's jobless rate drops to 6.5pc

    Posted Jan 18th 2005, 12:00am by Staff Reporter

    ... LAI YING-KIT Updated at 6.31pm: Hong Kong's unemployment rate fell to a 35-month low of 6.5 per cent, Census and Statistics Department's statistics released on Tuesday showed. The statistics showed the jobless rate decreased from 6.7 per cent in September-November to 6.5 per cent in October-December. The number of unemployed people decreased from 236,200 to 227,000 between ...

  5. Unemployment rate falls to 6.8pc

    Posted Sep 17th 2004, 12:00am by Carrie Chan

    ... Carrie Chan Expected drop brings the figure to a 30-month low Hong Kong's jobless rate dropped by 0.1 percentage points to 6.8 per cent last month, the lowest level in the past 30 months. An analyst said the adjustment was within expectations and the unemployment rate was unlikely to drop below 6.4 per cent by the end of the year. The number of people in work rose by about ...

  6. Rate of workers in limbo doubles

    Posted Jun 16th 2004, 12:00am by Ella Lee, Stella Lee

    ... Change in economic structure means more people take longer to find work Profound changes in Hong Kong's economic structure mean the 'natural rate' of unemployment ... yesterday, said the natural rate of unemployment had risen from between 2 and 3 per cent in the late 1980s to between 3.5 and 4.5 per cent now. An economist warned that the increase could add ...

  7. Jobless rate drops to two-year low

    Posted Jun 18th 2004, 12:00am by Joseph Lo

    ... Joseph Lo The number of HK people in work rises by 13,300 to reach a 16-month high Hong Kong's unemployment rate has dropped to its lowest level in more than two years, buoying hopes of an improving jobs picture through the summer months. The seasonally adjusted jobless rate for the three months from March to May was 7 per cent, falling from 7.1 per cent in April, figures released ...

  8. Jobless rate could fall to 6pc by year's end

    Posted Apr 19th 2004, 12:00am by Staff Reporter

    ... Louisa Yan In an improving economy, the analysts expect a first-quarter figure of 7pc Hong Kong's unemployment rate is expected to fall a modest 0.2 percentage points to 7 per cent, ... and companies were stepping up hiring, which indicated a positive outlook for the city's economy. If the jobless rate continued to fall by 0.1 or 0.2 percentage points each month, the figure could ...

  9. HK jobless rate lowest for more than a year

    Posted Mar 19th 2004, 12:00am by Kelvin Chan

    ... Kelvin Chan But pace of decline is slowing because greater numbers are seeking work Hong Kong's unemployment rate resumed falling in February, but the pace of the decline was the slowest in seven months as optimism about the economy brought more job-seekers into the market, the government and analysts said yesterday. The seasonally adjusted average jobless rate ...

  10. Return to pre-Sars jobless rate seen

    Posted Dec 17th 2003, 12:00am by Kelvin Chan

    ... Kelvin Chan The latest unemployment figures are expected to show Hong Kong's jobless rate has returned to pre-Sars levels as the economy strengthens. The jobless rate, which hit ... time the rate has dropped below 8 per cent since April, when Sars hit Hong Kong and the jobless rate stood at 7.8 per cent. The government will release the unemployment data tomorrow afternoon. ...




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