HONG KONG: Hong Kong's seasonally adjusted unemployment slipped to 6.4per cent in the February-April period, the government said on Thursday, with the labour market improving as the coronavirus outbreak receded but still facing challenges from a slump in tourism.
The figure compared with 6.8per cent in January-March quarter and 7.2per cent in the December-February period. The underemployment rate slid to 3.3per cent from 3.8per cent in the previous three-months.
"Considering that the business receipts of many labour-intensive sectors are still far below the pre-recession levels, the labour market will take time to attain a more visible recover," the government said in a statement.
(Reporting by Donny Kwok and Twinnie Siu; Editing by Alex Richardson)