He stated he anticipate corporations will want to boost their economic statements, so the axing of Positions could arrive prior to the finish of December, or the tip from the fiscal 12 months upcoming March.
"They just cannot see the end on the tunnel....initially they thought that the problem can be much better within the later on aspect of this year. But the specific situation continues to be the identical," he advised RTHK.
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A scholar stated on Thursday that a lot more mass layoffs by the end from the year could thrust Hong Kong's unemployment price to seven percent, or 0.six proportion details increased than The existing amount.
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