The Unemployment Rate The Unemployment Rate Introduction The unemployment direct became a bloodless topic in the past few months when it rose to 3.5 per cent, a youthful high for almost 10 years. The jobless locating was higher than the 3.2 per cent unemployment position recorded in the may to July period. The underemployment rate in the June to August period rose to 2.5 per cent from 2.3 per cent in the May to July period. Until recently, most workers who lost their jobs were from the manufacturing empyrean. They were middle-aged factory workers with few skills and little education.
But in recent months a large number of employees have been laid spoil in the retail and restaurant businesses. Unemployment has spilled over to the service area from manufacturing sector. Hong Kong is facing a prolonged economic downturn. The high unemployment rate has raised many social and economic problems. For example, the number of connection who commit suicide is increased. It is because more people ...If you want to devil a full essay, order it on our website: OrderCustomPaper.com
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