Hong Kong braces for weak jobs data in latest blow to economy


HONG KONG (Bloomberg): Hong Kong’s economy is set to take another hit with jobless data for January expected to show a fourth straight monthly increase, extending its longest stretch of gains in a decade after months of political unrest.

The city’s unemployment rate is forecast to have risen to 3.4% in January, the highest level since 2016, according to the median estimate in a Bloomberg survey.

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Hong Kong , jobless , economy ,

   

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