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Hong Kong Jobless Rate Highest since 2017
The seasonally adjusted unemployment rate in Hong Kong rose to 3.3% in the three months to December 2019 from 3.2% in the prior period while markets had expected it to remain unchanged at 3.2%. It was the highest jobless rate since the three-month period to March 2017. The number of unemployed persons were down by around 1,400 to 124,000 and the number of underemployed was 47,400, the same as in the previous period. Meanwhile, the number of employed fell by 12,800 to 3.82 million and the labour force also decreased by around 14,200 to 3.94 million. The unemployment rate in the consumption and tourism-related sectors stayed at a three-year high of 5.2%, amid continued violence targeting shops and other business activities. Also, a deterioration was seen in the construction sector, especially activities involving decoration, repair & maintenance. The labour market is expected to be subject to even more pressure in the near term if the economy remains weak.
Published on 2020-01-20

Hong Kong Jobless Rate Highest Since 2017
The seasonally adjusted unemployment rate in Hong Kong rose to 3.2 percent in the three months to November 2019 from 3.1 percent in the prior period and above market expectations of 3.1 percent. It was the highest jobless rate since the three months to May 2017. The unemployment rate in the consumption and tourism-related sector increased to a three-year high of 5.2% while in the food and beverage sector, the joblessness rise to 6.2%, the highest in more than eight years. The labour market is expected to remain under pressure as the protests hit the economy and impact tourism and spending.
Published on 2019-12-17

Hong Kong Jobless Rate at Over 2-Year High of 3.1%
The seasonally adjusted unemployment rate in Hong Kong rose to 3.1 percent in the three months to October 2019 from 2.9 percent in the prior period and above market expectations of 2.9 percent. It was the highest jobless rate since the three months to September 2017. The jobless rate is expected to remain under pressure as political unrest and violence continue to take a heavy toll on the economy.
Published on 2019-11-18

Hong Kong Jobless Rate Steady at Over 1-1/2-Year High
The seasonally adjusted unemployment rate in Hong Kong was at 2.9 percent in the three months to September 2019, unchanged from the previous period and in line with market expectations. It remained the highest jobless rate since the three months to March 2018. Also, the underemployment rate held steady at 1 percent.
Published on 2019-10-18

Hong Kong Jobless Rate Flat at 1-1/2-Year High
The seasonally adjusted unemployment rate in Hong Kong stood at 2.9 percent in the three months to August 2019, remaining the highest jobless rate since the three months to March period of 2018. The underemployment rate was unchanged at 1.0 percent, the same as in the previous period.
Published on 2019-09-17

Hong Kong Jobless Rate at 16-Month High of 2.9%
The seasonally adjusted unemployment rate in Hong Kong increased to 2.9 percent in the three months to July of 2019 from 2.8 percent in the previous period. It was the highest jobless rate since the three months to March period of 2018. The underemployment rate was unchanged at 1.0 percent, the same as in the previous period.
Published on 2019-08-19

Hong Kong Jobless Rate Steady at Over 21-Year Low
The seasonally adjusted unemployment rate in Hong Kong was unchanged at 2.8 percent in the three months to June 2019, remaining the lowest jobless rate since January 1998. Also, the underemployment rate stood at 1.0 percent, the same as in the previous period.
Published on 2019-07-18

Hong Kong Jobless Rate Remains at Over 21-Year Low
The seasonally adjusted unemployment rate in Hong Kong was unchanged at 2.8 percent in the three months to May 2019, remaining at the lowest level since January 1998. Also, the underemployment rate was unchanged at 1.0 percent, the same as in the previous period.
Published on 2019-06-19

Hong Kong Jobless Rate Steady at Over 21-Year Low
The seasonally adjusted unemployment rate in Hong Kong was unchanged at 2.8 percent in the three months to April 2019, remaining at the lowest level since January 1998. Also, the underemployment rate was unchanged at 1.0 percent, the same as in the previous period.
Published on 2019-05-20

Hong Kong Jobless Rate Unchanged at Over 21-Year Low
The seasonally adjusted unemployment rate in Hong Kong stood at 2.8 percent in the three months to March 2019, remaining the lowest jobless rate since January 1998. Also, the underemployment rate was unchanged at 1.0 percent, the same as in the previous period.
Published on 2019-04-18

Hong Kong Jobless Rate Steady at Over 21-Year Low
The seasonally adjusted unemployment rate in Hong Kong was unchanged at 2.8 percent in the three months to February 2019, remaining the lowest jobless rate since January 1998. Meantime, the underemployment rate fell to 1.0 percent in the December-February period from 1.1 percent in the prior period.
Published on 2019-03-19

Hong Kong Jobless Rate Unchanged at 21-Year Low
The seasonally adjusted unemployment rate in Hong Kong stood at 2.8 percent in the three months to January 2019, remaining the lowest jobless rate since January 1998. The underemployment also remained unchanged at 1.1 percent in the November-January period.
Published on 2019-02-21

Hong Kong Jobless Rate Steady at Near 21-Year Low
The seasonally adjusted unemployment rate in Hong Kong was unchanged at 2.8 percent in the three months to December of 2018, remaining the lowest jobless rate since January of 1998. Also, the underemployment rate was steady at 1.2 percent, the same as in the previous period.
Published on 2019-01-17

Hong Kong Jobless Rate Unchanged at Near 21-Year Low
The seasonally adjusted unemployment rate in Hong Kong stood at 2.8 percent in the three months to November of 2018, remaining the lowest jobless rate since January of 1998. The underemployment rate also remained unchanged at 1.2 percent, the same as in the August-October period.
Published on 2018-12-18

Hong Kong Jobless Rate Steady at Over 20-Year Low
The seasonally adjusted unemployment rate in Hong Kong stood at 2.8 percent in the three months to October of 2018, remaining the lowest jobless rate since January of 1998. The underemployment rate also remained unchanged at 1.2 percent, the same as in the July-September period.
Published on 2018-11-16

Hong Kong Jobless Rate Remains Lowest in Over 20 Years
The seasonally adjusted unemployment rate in Hong Kong was unchanged at a 20-year low of 2.8 percent in the three months to September 2018. The underemployment rate, however, edged up to 1.2 percent, from 1.1 percent in the previous period.
Published on 2018-10-19

Hong Kong Jobless Rate Unchanged at 20-Year Low of 2.8%
The seasonally adjusted unemployment rate in Hong Kong was unchanged at a 20-year low of 2.8 percent in the three months to August 2018. Also, the underemployment rate was steady at 1.1 percent, the same as in the May-July period.
Published on 2018-09-18

Hong Kong Jobless Rate Holds Steady at 2.8%
The seasonally adjusted unemployment rate in Hong Kong was unchanged at a 20-year low of 2.8 percent in the three months to July 2018. The underemployment rate, however, edged up to 1.1 percent from 1 percent in the April-June period.
Published on 2018-08-17

Hong Kong Jobless Rate Unchanged at 2.8%
The seasonally adjusted unemployment rate in Hong Kong was unchanged at 2.8 percent in the three months to June of 2018, the same as in the previous period. It remained the lowest rate since 1998. On a non-seasonally adjusted basis, the number of unemployed persons edged up by 100 to 112,400 in April - June 2018 when compared with the previous period, and the number of underemployed increased by around 400 to 41,400. Meantime, total employment in April – June of 2018 went up by 4,900 persons to 3,869,800 and the labour force rose by around 5,000 to 3,982,200 persons.
Published on 2018-07-19

Hong Kong Jobless Rate Remains Lowest in Over 20 Years
The seasonally adjusted unemployment rate in Hong Kong was unchanged at 2.8 percent in the three months to May of 2018, the same as in the previous period. It remained the lowest rate since 1998. On a non-seasonally adjusted basis, the number of unemployed persons dropped by 600 to 112,300 in March - May 2018 when compared with the previous period, and the number of underemployed declined slightly by around 100 to 41,000. Meantime, total employment in March – May of 2018 fell by 1,700 persons to 3,866,600 and the labour force went down by around 2,300 to 3,977,200 persons.
Published on 2018-06-19