Labor Force Participation Rate in Hong Kong increased to 59.60 percent in the quarter ended March from 59.50 percent in three months ending February of 2021. source: Census and Statistics Department, Hong Kong

Labor Force Participation Rate in Hong Kong averaged 62.03 percent from 1981 until 2021, 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 May of 2021.

Labor Force Participation Rate in Hong Kong is expected to be 60.00 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 61.00 in 12 months time. In the long-term, the Hong Kong Labor Force Participation Rate is projected to trend around 61.00 percent in 2022, according to our econometric models.

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Hong Kong Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
59.60 59.50 66.50 57.70 1981 - 2021 percent Monthly

Hong Kong Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.80 7.20 8.50 1.00 percent [+]
Employed Persons 3614.10 3610.10 3882.40 2370.60 Thousand [+]
Unemployed Persons 259.80 261.60 307.70 24.90 Thousand [+]
Labor Force Participation Rate 59.60 59.50 66.50 57.70 percent [+]
Productivity 106.40 107.10 107.10 63.40 points [+]
Job Vacancies 35056.00 38913.00 127765.00 15919.00 [+]
Wages 16884.00 17146.00 17304.00 10382.00 HKD/Month [+]
Wages in Manufacturing 15354.00 15676.00 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 9.30 10.60 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 [+]


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.