Hong Kong’s jobs market dims as 46% of workers are less confident about opportunities

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Hong Kong’s jobs market dims as 46% of workers are less confident about opportunities - SCMP

Quick Summary:

Only 55 per cent of employers expect to give pay increases ranging from 1 to 5 per cent, a Robert Walters survey shows.

The seasonally adjusted unemployment rate rose to 3.1 per cent in the August to October period, from 3 per cent in the preceding three months, the statistics department said.

Hong Kong’s economy is hobbled by challenges ranging from weak consumption and geopolitical fallout between the US and China.