Hong Kong’s seasonally adjusted unemployment rate edged down to 3.7% in the three months ending March 2026 from 3.8% in the previous month, marking the lowest reading since August 2025. The number of unemployed persons increased by 1,900 month-on-month to 136,600, while total employment declined by 7,300 to 3.66 million. The youth unemployment rate, for those aged 20 to 29, remained steady at 6.9%, unchanged from February. The underemployment rate ticked lower to 1.6% from 1.7%, and the labour force participation rate also decreased to 56.4% from 56.5%. According to Mr. Chris Sun, the Secretary for Labour and Welfare, “The sustained growth of the Hong Kong economy should underpin the overall labour market. The Government will continue to closely monitor developments in geopolitical tensions and assess the potential implications for the labour market.”. source: Census and Statistics Department, Hong Kong
Unemployment Rate in Hong Kong decreased to 3.70 percent in March from 3.80 percent in February of 2026. Unemployment Rate in Hong Kong averaged 3.71 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 May of 2026.
Unemployment Rate in Hong Kong decreased to 3.70 percent in March from 3.80 percent in February of 2026. Unemployment Rate in Hong Kong is expected to be 3.70 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.