Hong Kong jobless rate drops to new low of 4.5 per cent since start of coronavirus pandemic on improved economy

Hong Kong’s unemployment rate dropped to 4.5 per cent in the three months to the end of September, a new low since the coronavirus pandemic began, with the local economy gathering pace after the roll-out of the government’s multibillion-dollar e-voucher scheme.

The rolling figure was down 0.2 percentage points over the period spanning June to August, the Census and Statistics Department revealed on Thursday, signalling a sustained economic recovery brought on by the easing of Covid-19 locally.