Hong Kong Unemployed Persons  Forecast


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Unemployed Persons in Hong Kong is expected to be 128.10 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 127.83 in 12 months time. In the long-term, the Hong Kong Unemployed Persons is projected to trend around 127.10 Thousand in 2020, according to our econometric models.


Hong Kong Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 3 3.4 3.4 3.4 3.2 3.9
Employed Persons 3837 3830 3831 3830 3830 3825
Unemployed Persons 124 128 128 128 128 127
Labor Force Participation Rate 61.2 61.19 61.28 61.28 61.31 61.52
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 6.2 6.6 6.22 6.23 6.12 5.63
Retirement Age Men 65 64 64 64 64 63
Retirement Age Women 65 64 64 64 64 63