HONG KONG: The labour market held broadly stable in overall terms in March - May 2016, with both the seasonally adjusted unemployment rate and the underemployment rate remaining unchanged at 3.4 percent and 1.4 percent, respectively.
Reflecting the slow economic growth, total employment grew only mildly over a year earlier," said Matthew Cheung, Secretary for Labour and Welfare.
"In light of the envisaged boost to labour supply from the entry of fresh graduates and school leavers in the coming months, we will stay vigilant and closely monitor developments," Cheung added.
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