Govt Faces Fresh Calls For Unemployment Subsidies

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2020-05-20 HKT 17:27

Share this story

facebook

  • The DAB says its survey found 35 percent of people lost their jobs recently, while the FTU says it found 50 percent became unemployed in the past year. File photo: RTHK

    The DAB says its survey found 35 percent of people lost their jobs recently, while the FTU says it found 50 percent became unemployed in the past year. File photo: RTHK

The DAB and the Federation of Trade Unions have repeated their calls for subsidies for Hong Kong people out of work, after the government announced its bleak jobless figures this week.

Officials said on Tuesday that the unemployment rate in Hong Kong for the February to April period had spiked to a 10-year high of 5.2 percent – more than 200,000 people – as the Covid-19 outbreak continues to hit the economy hard.

At a press briefing on Wednesday, the DAB said it had surveyed just under 1,000 people by phone and in person between May 11 and 19 and found that 35 percent of them had recently lost their jobs.

Meanwhile, 75 percent said their income had decreased since the Covid-19 outbreak, and 60 percent were concerned that their employer would make staff cuts, the DAB said.

More than half of those surveyed said they wanted the government to create jobs and distribute its HK$10,000 one-off payment to all permanent residents as soon as possible, the party added.

DAB lawmaker Wilson Or urged the government to provide immediate cash support to the unemployed, without any means-testing.

His Legco colleague Vincent Cheng said the party had met Chief Secretary Matthew Cheung to push for the move, but the authorities are still rejecting the proposal because it would involve a lot of money.

Another pro-Beijing group, the FTU, said it also carried out a survey between April 23 and May 13 involving more than 2,200 people. Around half had lost their jobs in the past year, the party said.

About 70 percent had their income reduced either through redundancy, or a pay cut, the FTU told reporters.

The party also reiterated its call for the government to help with job creation, and to launch a third round of anti-epidemic relief funding as soon as possible.

RECENT NEWS

Hong Kong Stablecoins Bill Officially Passed, Set To Come Into Effect Later This Year

The Hong Kong government welcomed the Legislative Council’s passing of the Stablecoins Bill today, 21 May 2025. The b... Read more

From Fishermans Son To Fintech Founder: How CapBay Grew RM 6,000 To RM 4 Billion

What started as a RM6,000 loan funded out of their own pockets has grown into over RM4 billion disbursed to more than 2... Read more

Ping An Launches EagleX Global Version For Real-Time Climate Risk Insights

Ping An Insurance (Group) Company of China, Ltd, announced that its subsidiary, Ping An Property & Casualty Insuran... Read more

FWD Resubmits Hong Kong IPO Application Amid Market Recovery

FWD Group, an insurance company backed by billionaire Richard Li Tzar-kai, submitted a new application for an initial p... Read more

Hong Kong Police Crush HK$118M Crypto Laundering Ring, 500 Mule Accounts

In a fresh crackdown on crypto-related crime in Hong Kong, the Hong Kong police arrested 12 individuals for running a c... Read more

Adyen And JCB Launch Card-on-File Tokenisation To Boost Payment Security

Adyen and JCB Co., Ltd. have launched JCB’s card-on-file (COF) tokenisation service, designed to improve the securit... Read more