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Hong Kong’s fresh university graduates who hoped to begin new careers in the coming months are coming to terms with the likelihood of years of hardship because of the economic damage caused by the Covid-19 pandemic.The city’s seasonally adjusted unemployment rate rose to 4.2 per cent in the January to March period of 2020, the highest the figure has been in more than nine years, according to the Hong Kong Census and Statistics Department.With business activities on hold and a shrinking global economy, many in the class of 2020 have already seen job offers withdrawn or hiring suspended by companies they hoped to apply to work for.(Photo: Jonathan Wong)
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