employability – Ratio View

Increase Employability Before Economic Downturn (image source (image modified): investing.com https://www.investing.com/economic-calendar/hong-kong-unemployment-rate-776) According to the statistics released this month (Sep 2019), the unemployment rate stays at 2.9%. A 0.1% increase was seen last month, hinting a possible reverse trend to the continued decrease since 2016 (last rise from 3.1% to 3.4% appeared in 2014-2016). While such a small increase can be seasonal fluctuation, and lower rates were below 2% back in the 80’s and 90’s, it is worth noting that rising went faster than falling. Coincidentally, both falls took 1.79 times…