Hong Kong Labour Costs  Forecast


Labour Costs in Hong Kong is expected to be 140.76 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Hong Kong to stand at 136.55 in 12 months time. In the long-term, the Hong Kong Labour Costs is projected to trend around 139.63 Index Points in 2020, according to our econometric models.


Hong Kong Labour Costs
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.





Hong Kong Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 3.1 3.4 3.4 3.4 3.2 3.9
Employed Persons 3841 3837 3837 3836 3836 3831
Unemployed Persons 130 130 130 130 129 128
Labor Force Participation Rate 61.4 61.36 61.41 61.43 61.45 61.64
Labour Costs 142 141 149 141 137 140
Productivity 160 163 163 164 164 167
Job Vacancies 69592 68568 68859 67015 67341 62370
Wages 15702 15704 15739 15719 15713 15437
Wages in Manufacturing 212 212 213 213 213 211
Minimum Wages 34.5 34.5 34.5 34.5 35.32 40
Population 7.37 7.4 7.5 7.5 7.44 7.7
Youth Unemployment Rate 6.5 6.3 6.05 6.07 5.97 5.58
Retirement Age Men 65 64 64 64 64 63.04
Retirement Age Women 65 64 64 64 64 63.04