Hong Kong's seasonally adjusted unemployment rate edged down to 3.8% in the three months ending February 2026, from a 2022-high of 3.9% in the previous period. The number of unemployed persons declined by 3,700 to 134,700, while total employment decreased by 2,900 to 3.66 million. The youth unemployment rate, for those aged 20 to 29, also ticked lower to 6.9% from 7% in the three months ending January, marking its lowest level since June 2025. The underemployment rate remained steady at 1.7%, and the labour force participation rate fell slightly to 56.5% from 56.7%. Looking ahead, the sustained growth momentum of the Hong Kong economy is expected to continue supporting the overall labour market, although employment conditions in some local sectors may still face challenges depending on business performance. source: Census and Statistics Department, Hong Kong
Unemployment Rate in Hong Kong decreased to 3.80 percent in February from 3.90 percent in January of 2026. Unemployment Rate in Hong Kong averaged 3.72 percent from 1981 until 2026, reaching an all time high of 8.50 percent in June of 2003 and a record low of 1.00 percent in July of 1989. This page provides the latest reported value for - Hong Kong Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Hong Kong Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.
Unemployment Rate in Hong Kong decreased to 3.80 percent in February from 3.90 percent in January of 2026. Unemployment Rate in Hong Kong is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hong Kong Unemployment Rate is projected to trend around 3.50 percent in 2027 and 3.40 percent in 2028, according to our econometric models.