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.

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Hong Kong Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
9.30 8.10 10.40 1.90 1993 - 2020 percent Monthly
NSA

Hong Kong Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.90 5.20 8.50 1.00 percent [+]
Employed Persons 3619.50 3657.40 3882.40 2370.60 Thousand [+]
Unemployed Persons 230.40 202.50 307.70 24.90 Thousand [+]
Labor Force Participation Rate 59.10 59.20 66.50 57.70 percent [+]
Productivity 107.20 106.40 107.20 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 34.50 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 9.30 8.10 10.40 1.90 percent [+]