Hong Kong Unemployment Rate Steady at 3.3%


The seasonally adjusted unemployment rate in Hong Kong was recorded at 3.3 percent for the seventh consecutive period in the three months to January of 2016. The underemployment rate also remained unchanged at 1.4 percent.

Comparing the three months to January with the previous period, the number of unemployed persons (not seasonally adjusted) decreased by around 1 800 to 119 800 while number of underemployed decreased by 300 to 53 200.

Unemployment went up in the accommodation services sector while a decrease was mainly seen in the insurance sector. As to the underemployment rate, a rise was mainly seen in the repair, laundry, domestic and other personal service activities sector while a decline was mainly seen in the foundation and superstructure works of the construction sector.

Total employment increased by around 8 100 to 3 812 000 and the labour force rose by around 6 300 to 3 931 800.

Hong Kong Unemployment Rate Steady at 3.3%


Census and Statistics Department | Yekaterina Guchshina | yekaterina@tradingeconomics.com
2/23/2016 9:13:11 AM