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Unemployment
Thursday, 19 May 2005 18:44 pm
Interestingly both my mother country and my present country of residence released unemployment figures today.
Netherlands is at an increasing trend and went from 6.7% to 6.9% unemployment rate, while Hong Kong is at a downward trend and dropped from 6.1 to 5.9%.
Seems I’m in the right place then!
On the other hand: other news today was about the trading range of the Hong Kong Dollar. It may get a downward push versus the EURO as it will be allowed to trade in a wider band versus the USD.
When I started working here, one EURO would get you 7 HKD. Today 1 EURO will get you 10 HKD. That’s almost 50% more…
So Europeans it’s time to visit Hong Kong, spend your Euros and create even more employment here.
Cheers,
Marc