Hong Kong's Unemployment Unchanged at 3.7%

MT Newswires Live05-19 17:08

Hong Kong's seasonally adjusted unemployment rate stood at 3.7% for the February to April period, unchanged from January to March 2026, according to provisional figures released by the city's Census and Statistics department Tuesday.

The underemployment rate decreased from 1.6% in January to March to 1.5% in February to April.

Total employment decreased by around 7,700 from 3.66 million in January to March to 3.65 million in February to April. Over the same period, the labor force also decreased by around 5,200 from 3.79 million to 3.78 million.

Hong Kong Secretary for Labour and Welfare Chris Sun said the city's government was monitoring "elevated geopolitical risks" and its potential impact on the labor market. Nonetheless, the city's "robust growth momentum" should render support to the labor force, Sun said.

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