The most recent data, for the 12 months to June 30, showed the biggest drop in at least six decades. Read more at straitstimes.com.
shrunk for three of the past four years.
Businesses are struggling to find workers to meet increased demand as visitors start to return. Local residents have been leaving in droves, along with expats. Since August 2018, Hong Kong’s labour force has dropped about 5 per cent to 3.8 million people, according to the latest official figures.Chinese Premier Li Keqiang told Mr Lee the city needs to consolidate its role as an international hub when he visited Beijing in December, while President Xi Jinping praised Mr Lee for reviving the local economy and safeguarding national security.
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