Hong Kong’s unemployment rate stood at 6.8 per cent in the first quarter as the job market continues to remain under pressure from the pandemic. Photo: Bloomberg
Hong Kong’s unemployment rate stood at 6.8 per cent in the first quarter as the job market continues to remain under pressure from the pandemic. Photo: Bloomberg

Hong Kong firms’ recruitment drive to remain subdued as Covid-19 pandemic weighs on economy, KPMG says

  • Companies in Hong Kong will remain conservative in hiring new employees while salaries will mostly stay frozen even as the economy is likely to recover this year
  • Companies in real estate and financial services to lead the headcount recovery, with activity likely to pick up in the third quarter

Hong Kong’s unemployment rate stood at 6.8 per cent in the first quarter as the job market continues to remain under pressure from the pandemic. Photo: Bloomberg
Hong Kong’s unemployment rate stood at 6.8 per cent in the first quarter as the job market continues to remain under pressure from the pandemic. Photo: Bloomberg
READ FULL ARTICLE