Labor Force Participation Rate in Hong Kong increased to 59.70 percent in August from 59.60 percent in July of 2020.

Labor Force Participation Rate in Hong Kong averaged 62.07 percent from 1981 until 2020, reaching an all time high of 66.50 percent in August of 1984 and a record low of 57.70 percent in February of 2020. This page provides - Hong Kong Labor Force Participation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hong Kong Labor Force Participation Rate - values, historical data and charts - was last updated on September of 2020. source: Census and Statistics Department, Hong Kong

Labor Force Participation Rate in Hong Kong is expected to be 61.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Hong Kong to stand at 61.20 in 12 months time. In the long-term, the Hong Kong Labor Force Participation Rate is projected to trend around 61.10 percent in 2021, according to our econometric models.

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Hong Kong Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
59.70 59.60 66.50 57.70 1981 - 2020 percent Monthly

Hong Kong Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.10 6.10 8.50 1.00 percent [+]
Employed Persons 3640.40 3637.00 3882.40 2370.60 Thousand [+]
Unemployed Persons 248.30 242.50 307.70 24.90 Thousand [+]
Labor Force Participation Rate 59.70 59.60 66.50 57.70 percent [+]
Productivity 106.50 107.10 107.10 63.40 points [+]
Job Vacancies 42269.00 54433.00 127765.00 15919.00 [+]
Wages 16955.00 16986.00 17304.00 10382.00 HKD/Month [+]
Wages in Manufacturing 15484.00 15530.00 15533.00 7611.00 HKD/Month [+]
Minimum Wages 37.50 37.50 37.50 28.00 HKD/Hour [+]
Population 7.50 7.48 7.50 3.08 Million [+]
Retirement Age Men 65.00 65.00 65.00 60.00 [+]
Retirement Age Women 65.00 65.00 65.00 60.00 [+]
Youth Unemployment Rate 11.40 10.40 11.40 1.90 percent [+]


Hong Kong Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.