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Investing.com -- Hong Kong’s seasonally adjusted unemployment rate rose to 3.9% in the July to September period, up from 3.7% in the previous three-month period, the government announced Monday.
The increase was more pronounced in the social work and construction sectors, according to official data.
Chris Sun, the Secretary for Labour and Welfare, noted that "the employment situation in some sectors would continue to face challenges during economic restructuring. The increasing external uncertainties could also weigh on corporate hiring sentiment."
Despite these challenges, Sun added that Hong Kong’s economic expansion is expected to support job growth in the coming months.
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