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Hong Kong's Nov 2024-Jan 2025 Unemployment Holds Steady at 3.1%

HONG KONG, Feb 18 (Reuters) - Hong Kong's seasonally adjusted unemployment rate held steady at 3.1% in the November 2024 to January 2025 period versus the prior three-month period, the government said on Tuesday.

The unemployment rate was steady to the October-December, September-November and August-October periods, and was slightly up from 3% in the July-September period.

"The labour market should remain largely stable in the near term, though uncertainties in the global economy would continue to pose challenges to some businesses," Chris Sun, secretary for labour and welfare, said in a statement.

Reporting by Hong Kong newsroom; Editing by Christian Schmollinger

Source: Reuters


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