Youth Unemployment Rate in Hong Kong increased to 8.70 percent in August from 8.60 percent in July of 2021. source: Census and Statistics Department, Hong Kong

Youth Unemployment Rate in Hong Kong averaged 5.77 percent from 1993 until 2021, reaching an all time high of 12.10 percent in September of 2020 and a record low of 1.90 percent in February of 1994. This page provides - Hong Kong Youth Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Hong Kong Youth Unemployment Rate - values, historical data and charts - was last updated on September of 2021.

Youth Unemployment Rate in Hong Kong is expected to be 10.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hong Kong Youth Unemployment Rate is projected to trend around 8.00 percent in 2022 and 6.00 percent in 2023, according to our econometric models.

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Hong Kong Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
8.70 8.60 12.10 1.90 1993 - 2021 percent Monthly
NSA

Hong Kong Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.70 5.00 8.50 1.00 percent [+]
Employed Persons 3651.70 3650.00 3882.40 2370.60 Thousand [+]
Unemployed Persons 187.70 198.40 307.70 24.90 Thousand [+]
Labor Force Participation Rate 59.50 59.50 66.50 57.70 percent [+]
Productivity 107.40 106.40 107.40 63.40 points [+]
Job Vacancies 39345.00 35056.00 127765.00 15919.00 [+]
Wages 16841.00 16884.00 17304.00 10382.00 HKD/Month [+]
Wages in Manufacturing 15453.00 15354.00 15772.00 7611.00 HKD/Month [+]
Minimum Wages 37.50 37.50 37.50 28.00 HKD/Hour [+]
Population 7.47 7.50 7.50 3.08 Million [+]
Youth Unemployment Rate 8.70 8.60 12.10 1.90 percent [+]
Retirement Age Men 65.00 65.00 65.00 60.00 [+]
Retirement Age Women 65.00 65.00 65.00 60.00 [+]