Recession

Health care hiring is recession-proof

Two female technicians
Photo: Hinterhaus Productions/Getty Images

Health care hiring is driving the labor market, and it's so robust that it likely would be safe even during a recession or political upheaval, CNN Business reports.

Between the lines: No matter what happens, the population is aging and will need care.

Hong Kong's unemployment rises as protests heat up

Riot police and protesters clash in the Hung Hom district of Hong Kong on Monday
Police and protesters clash in the Hung Hom district of Hong Kong on Monday. (Photo: Ye Aung Thu/AFP via Getty Images)

The unemployment rate ticked up to 3.1% in Hong Kong last month from 2.9%, according to new data released by the government on Monday.

Why it matters: The standoff between pro-democracy protestors and police isn't letting up — capping a stretch of the bloodiest clashes between police and protesters since the protests began in June. Monday's data adds to a spate of worsening economic indicators in Hong Kong, which is in the midst of its first recession in 10 years.