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New harbourfront space opens

The Development Bureau announced that the Pierside Precinct near Wan Chai Ferry Pier further opened today, providing a nostalgic harbourfront leisure space with a panoramic view of Victoria Harbour for the public.   Being the 12th harbourfront leisure space that opened since October last year, the newly opened area is located to the east of the ferry pier on a harbour site reclaimed for the construction of the Central-Wan Chai Bypass.   The bureau said under the incremental approach, a 180-metre-long promenade of the precinct opened earlier in March, followed by the opening of a further 80m in October.   With an area of about 4,600 sq m, the newly opened part has almost doubled the precinct's original space.   In contrast to the colourful cartoon style adopted at other harbourfront sites opened earlier in Western District and Wan Chai, the precinct mainly comprises simple fair-faced concrete and wooden structures.   It features a stylish touch with its clear and rectiline

Jobless rate dips to 4.5%

The seasonally adjusted unemployment rate fell by 0.2 percentage points to 4.5% for the period between July and September compared to the period from June to August, the Census & Statistics Department announced today.   The underemployment rate also dropped to 2.1% during the period.   Total employment rose by around 6,300 to 3,658,000, while the labour force stood at 3,838,600, about the same as in the previous period.   There were 180,600 unemployed people from July to September, a drop of about 7,100 from the preceding three-month period. The number of underemployed people also decreased by around 7,200 to 79,000.   Analysed by sector, the unemployment rates of most economic sectors fell in the July-September period compared with the preceding three-month period, more noticeably in the decoration, repair and maintenance for buildings sector, professional and business services sector, and arts, entertainment and recreation sector.   For the consumption and tourism-related sectors, the combined jobless rate declined by 0.2 percentage points to 7.2%.   Secretary for Labour & Welfare Dr Law Chi-kwong noted that the labour market further improved along with the increasingly entrenched economic recovery.   Looking ahead, he said the labour market conditions would depend on the pace of the economic recovery. The Consumption Voucher Scheme would also continue to render support to consumption-related activities in the near term.   However, the global pandemic development remains a key source of uncertainty over the economic and labour market outlook.   The community should stay vigilant against the COVID-19 epidemic and strive towards more widespread vaccination, Dr Law added.
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