Hong Kong Unemployment Rate 1981-2014 | Data | Chart | Calendar

Unemployment Rate in Hong Kong remained unchanged at 3.30 percent in November of 2014 from 3.30 percent in October of 2014. Unemployment Rate in Hong Kong averaged 3.73 percent from 1981 until 2014, reaching an all time high of 8.50 percent in June of 2003 and a record low of 1 percent in July of 1989. Unemployment Rate in Hong Kong is reported by the Census and Statistics Department, Hong Kong.

      Forecast    
Hong Kong Unemployment Rate


Actual Previous Highest Lowest Dates Unit Frequency
3.30 3.30 8.50 1.00 1981 - 2014 percent Monthly
In Hong Kong, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Hong Kong Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Hong Kong Unemployment Rate - was last refreshed on Monday, December 22, 2014.


Hong Kong Unemployment Rate at 3.3%


Hong Kong seasonally adjusted jobless rate remained steady at 3.3 percent for the fifth straight period in September to November 2014. While employment was marginally unchanged, the labor force decreased.

Comparing September - November 2014 with August - October 2014, increases in the unemployment rate (not seasonally adjusted) were observed in the retail sector and the foundation and superstructure works of the construction sector, while a decrease was seen in the food and beverage service activities sector. As to the underemployment rate, increases were observed in the decoration, repair and maintenance for buildings, and food and beverage service activities sectors.

The number of unemployed persons (not seasonally adjusted) decreased by around 2 800 from 129 200 in August - October 2014 to 126 400 in September - November 2014. Over the same period, the number of underemployed persons increased by around 4 900 from 57 200 to 62 100. 

Total employment in September - November 2014 was 3 779 400, about the same as 3 778 600 in August - October 2014. Meanwhile, the labour force decreased by around 1 900 from 3 907 800 in August - October 2014 to 3 905 900 in September - November 2014.

The Secretary for Labour and Welfare said "While the unemployment situation in those sectors more affected by the 'Occupy Movement' has remained largely stable, some signs of worsening in the underemployment situation were observed. Although labour demand in the near team is likely to remain buoyant in the run-up to the festive season around Christmas and the New Year, the potential lagging impacts of the 'Occupy Movement' on the domestic economy will still need to be watched."

Census and Statistics Department | Joana Taborda | joana.taborda@tradingeconomics.com
12/18/2014 10:25:10 AM


Recent Releases

Hong Kong Unemployment Rate Stable at 3.3%
Hong Kong seasonally adjusted jobless rate was recorded at 3.3 percent for the fourth consecutive period in August to October 2014. The underemployment rate was also steady at 1.5 percent. Published on 2014-11-17

Hong Kong Unemployment Rate Unchanged in September
Hong Kong's seasonally adjusted jobless rate remained stable at 3.3 percent for the third consecutive period in July - September 2014. Yet, the latest figures had not reflected the disruptions to economic activities caused by the recent 'Occupy Central' movement on many industries such as retail, catering and inbound tourism. Published on 2014-10-20


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-10-20 09:30 AM
Unemployment Rate  Sep
3.3% 3.3% 3.3%
2014-11-17 08:30 AM
Unemployment Rate  Oct
3.3% 3.3% 3.3%
2014-12-18 08:30 AM
Unemployment Rate  Nov
3.3% 3.3% 3.3% 3.2%
2015-01-20 08:30 AM
Unemployment Rate  Dec
2015-02-18 08:30 AM
Unemployment Rate  Jan
2015-03-17 08:30 AM
Unemployment Rate  Feb


Hong Kong Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.30 3.30 8.50 1.00 percent [+]
Employed Persons 3778.60 3785.70 3790.00 2370.60 Thousand [+]
Unemployed Persons 129.20 132.90 307.70 24.90 Thousand [+]
Job Vacancies 79724.00 77788.00 127765.00 15919.00 [+]
Productivity 147.80 145.40 147.80 99.40 Index Points [+]
Labor Force Participation Rate 61.40 61.60 66.50 59.50 percent [+]
Wages 14126.00 13912.00 14126.00 10382.00 HKD [+]
Wages in Manufacturing 189.70 185.20 189.70 141.80 Index Points [+]
Labour Costs 124.40 140.00 148.10 76.20 Index Points [+]
Population 7.22 7.17 7.22 3.08 Million [+]


Unemployment Rate Reference Previous Highest Lowest Unit
Australia 6.30 Nov/14 6.20 10.90 4.00 percent [+]
Brazil 4.80 Nov/14 4.70 13.10 4.30 percent [+]
Canada 6.60 Nov/14 6.50 13.10 2.90 percent [+]
China 4.10 Aug/14 4.10 4.30 3.90 percent [+]
Euro Area 11.50 Oct/14 11.50 12.00 7.20 percent [+]
France 10.40 Aug/14 10.10 10.80 7.20 percent [+]
Germany 4.90 Oct/14 5.00 14.20 0.40 percent [+]
India 5.20 Dec/12 6.30 9.40 5.20 percent [+]
Indonesia 5.94 Aug/14 5.70 11.24 2.00 percent [+]
Italy 13.20 Oct/14 12.90 13.20 5.90 percent [+]
Japan 3.50 Oct/14 3.60 5.60 1.00 percent [+]
Mexico 4.53 Nov/14 4.78 5.93 2.22 percent [+]
Netherlands 8.00 Nov/14 8.00 8.80 3.40 percent [+]
Russia 5.20 Nov/14 5.10 14.10 4.80 percent [+]
South Korea 3.40 Nov/14 3.50 7.10 2.90 percent [+]
Spain 23.67 Aug/14 24.47 26.94 4.41 percent [+]
Switzerland 3.20 Nov/14 3.10 5.40 1.60 percent [+]
Turkey 10.50 Sep/14 10.10 16.10 8.00 percent [+]
United Kingdom 6.00 Oct/14 6.00 12.00 3.40 percent [+]
United States 5.80 Nov/14 5.80 10.80 2.50 percent [+]