Arts & Culture 
 Business 
 Environment 
 Government 
 Health 
 Human Rights 
 Military 
 Philosophy 
 Science 
 U.S. Asian Policy 


Home > East Asia > 

Hong Kong's unemployment climbs
AFAR
5/22/2003



 Related Articles
China's Slavery Scandal Reveals Weaknesses in Governance
Hong Kong's Biggest Rights Violation Since 1997
Global Chinese Dance Competition Opens in New York
Jiang Zemin Sued in Hong Kong
The Anti-Seditious Speech Debate and Media Law Reform
Thousands Commemorate June 4 in Hong Kong
A Campaign in Hong Kong without a (Real) Election
Chinese Internet Fees Higher Than Developed Countries
China and Africa: A New Scramble?
'Handwriting on the Wall': Twenty Million Withdraw from Chinese Communist Party
 
[Hongkong, May 22, 2003] The Hong Kong government just released the new unemployment report for the first quarter, which says that the unemployment rate has reached an all-time high of 7.8%. This jobless situation is in part due to the rampant SARS virus, which hit hard service industries such as restaurants, hotels, retail shops, real estate, and transportation. It is expected that this unemployment situation will continue to deteriorate into the next quarter. There is growing public discontent toward the Hong Kong chief executive officer Tung, as the economy has been losing its competitiveness.

© Copyright 2002-2007 AFAR