World Economy

HK Job Rate Steady

HK Job Rate SteadyHK Job Rate Steady

Hong Kong’s unemployment rate was unchanged at 3.3% in the three-month period ended December amid a stable labor market, the Census and Statistics Department said Monday, Nasdaq reported. The increase in the city’s seasonally adjusted jobless rate was unchanged from the September-November period, and was in line with the median 3.3% forecast of three economists surveyed earlier by The Wall Street Journal. The city’s unemployment rate has been steady at 3.3% since the May-July period. Among the most actively traded stocks on Hong Kong’s main board were Bank of China, down 5.9% at HK$4.18, CCT Land Holdings Ltd, unchanged at HK$0.02 and China Construction Bank, down 3.8% at HK$6.14.