Hong Kong Unemployed Persons - Forecast

Unemployed Persons in Hong Kong is expected to be 115.54 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Hong Kong to stand at 116.07 in 12 months time. In the long-term, the Hong Kong Unemployed Persons is projected to trend around 116.11 Thousand in 2020, according to our econometric models.


Hong Kong Unemployed Persons
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Hong Kong Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 2.8 2.8 3.5 2.8 2.8 3.9
Employed Persons 3870 3879 3882 3886 3889 3901
Unemployed Persons 112 116 116 116 116 116
Labor Force Participation Rate 61.2 61.3 61.26 61.28 61.27 61.27
Productivity 160 163 164 165 166 179
Job Vacancies 76875 76437 76509 77579 76601 76916
Wages 15897 16400 16400 16350 16201 17300
Wages in Manufacturing 215 218 218 219 220 220
Minimum Wages 34.5 34.5 34.5 36.5 36.5 36.5
Population 7.41 7.44 7.5 7.46 7.47 7.7
Retirement Age Men 65 65 65 65 65 65
Retirement Age Women 65 65 65 65 65 65
Youth Unemployment Rate 5.3 5.56 5.49 5.49 5.5 5.5