Youth Unemployment Rate in Hong Kong increased to 9.30 percent in May from 8.10 percent in April of 2020.
Youth Unemployment Rate in Hong Kong averaged 5.57 percent from 1993 until 2020, reaching an all time high of 10.40 percent in August of 2003 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 July of 2020. source: Census and Statistics Department, Hong Kong
Youth Unemployment Rate in Hong Kong is expected to be 6.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Hong Kong to stand at 4.90 in 12 months time. In the long-term, the Hong Kong Youth Unemployment Rate is projected to trend around 5.00 percent in 2021, according to our econometric models.