China News Service, June 28. According to Hong Kong Wenhui.com, the Hong Kong Special Administrative Region Government Statistics Department announced on the 27th the statistics on wages and total wages in March. Calculated by the nominal wage index, the average wage rate in March 2022 is higher than that of the same period last year. rose 1.8%.
After deducting changes in consumer prices, the real average wage rate in March remained roughly unchanged from a year earlier.
A spokesman for the SAR Government said that the year-on-year increase in the average wage rate of all selected industries in March this year was the same as that in December 2021, and the real average wage rate after deducting inflation was almost unchanged year-on-year.
The spokesman added that the latest figures have not yet reflected the impact of the recent recovery of local economic activities as the local epidemic eases and social distancing measures are gradually relaxed. He also pointed out that as long as the epidemic remains under control, it is believed that local economic activities and thus the labor market conditions will remain in place for the rest of 2022. It should continue to improve, and various support measures introduced by the SAR Government will also play a supporting role.