Hong Kong Unemployment Rate 1981-2015 | Data | Chart | Calendar

Hong Kong seasonally adjusted unemployment rate edged up by 0.1 percentage point to 3.3 percent in May to July 2015, compared with previous period. Both total employment and labour force grew further at a broadly similar pace over a year earlier. The underemployment rate was stable at 1.4 percent. Unemployment Rate in Hong Kong averaged 3.72 percent from 1981 until 2015, 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.

Hong Kong Unemployment Rate
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Actual Previous Highest Lowest Dates Unit Frequency
3.30 3.20 8.50 1.00 1981 - 2015 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 the latest reported value for - Hong Kong Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Content for - Hong Kong Unemployment Rate - was last refreshed on Sunday, August 30, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-06-18 09:30 AM May 3.2% 3.2% 3.2%
2015-07-20 09:30 AM Jun 3.2% 3.2% 3.2%
2015-08-18 09:30 AM Jul 3.3% 3.2% 3.2%
2015-09-17 09:30 AM Aug 3.3% 3.3%
2015-10-19 09:30 AM Sep 3.4%
2015-11-17 08:30 AM Oct 3.4%


Hong Kong Unemployment Rate Up to 3.3%


Hong Kong seasonally adjusted unemployment rate edged up by 0.1 percentage point to 3.3 percent in May to July 2015, compared with previous period. The underemployment rate remained unchanged at 1.4 percent in the two periods.

The number of unemployed persons (not seasonally adjusted) in May - July 2015 increased by around 4 200 to 134 100 from April - June 2015 (129 900). Over the same period, the number of underemployed persons increased by around 800 from 55 600 to 56 400.

The unemployment rate (not seasonally adjusted) increased in the arts, entertainment and the recreation sector, and the transportation sector. As to the underemployment rate, an increase was mainly observed in the arts, entertainment and the recreation sector.

Total employment increased by around 6 200 from 3 791 600 in April - June 2015 to 3 797 800 in May - July 2015. Over the same period, the labour force also increased by around 10 400 from 3 921 500 to 3 931 900.

On the short-term outlook, the Secretary for Labour and Welfare said "The near-term labour market outlook will continue to hinge crucially on the overall economic situation. However, a number of external and domestic uncertainties, including notably the impending U.S. interest rate lift-off, gyrations in global financial markets, as well as the weak trend in inbound tourism continue to warrant concerns. We will stay vigilant and closely monitor developments, in particular the employment situation of grassroots workers."

Census and Statistics Department | Yekaterina Guchshina | yekaterina@tradingeconomics.com
8/18/2015 12:44:12 PM


Recent Releases

Hong Kong Unemployment Rate Unchanged at 3.2%
Hong Kong seasonally adjusted unemployment rate was stable at 3.2 percent in April to June 2015, compared with previous period. While employment rose at a faster pace than unemployment, the labour force increased due to new fresh graduates.
Published on 2015-07-20

Hong Kong Unemployment Rate Steady at 3.2%
Hong Kong seasonally adjusted unemployment rate was stable at 3.2 percent in March to May 2015. While the number of unemployed persons was marginally unchanged, employment fell.
Published on 2015-06-18

Hong Kong Unemployment Rate Edges Down in April
Hong Kong seasonally adjusted unemployment rate decreased to 3.2 percent in February to April 2015, after remaining unchanged at 3.3 percent for nine consecutive periods. Both total employment and labour force sustained year-on-year growth.
Published on 2015-05-19

Hong Kong Unemployment Rate Stays at 3.3%
Hong Kong seasonally adjusted unemployment rate remained steady at 3.3 percent for the ninth consecutive period in January to March 2015.
Published on 2015-04-23


Hong Kong Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.30 3.20 8.50 1.00 percent [+]
Employed Persons 3797.80 3791.60 3807.50 2370.60 Thousand [+]
Unemployed Persons 134.10 129.90 307.70 24.90 Thousand [+]
Job Vacancies 78069.00 73533.00 127765.00 15919.00 [+]
Productivity 153.00 148.30 153.00 99.40 Index Points [+]
Labor Force Participation Rate 61.50 61.40 66.50 59.50 percent [+]
Wages 14511.00 14569.00 14569.00 10382.00 HKD/Month [+]
Wages in Manufacturing 193.30 191.10 193.30 141.80 Index Points [+]
Labour Costs 148.70 131.80 148.70 76.20 Index Points [+]
Population 7.23 7.22 7.23 3.08 Million [+]
Minimum Wages 32.50 30.00 32.50 28.00 HKD/Hour [+]
Retirement Age Men 65.00 60.00 65.00 60.00 [+]
Retirement Age Women 65.00 60.00 65.00 60.00 [+]
Youth Unemployment Rate 6.70 6.00 10.40 1.90 percent [+]


Unemployment Rate Reference Previous Highest Lowest Unit
Australia 6.30 Jul/15 6.00 10.90 4.00 percent [+]
Brazil 7.50 Jul/15 6.90 13.10 4.30 percent [+]
Canada 6.80 Jul/15 6.80 13.10 2.90 percent [+]
China 4.04 Jun/15 4.10 4.30 3.90 percent [+]
Euro Area 11.10 Jun/15 11.10 12.10 7.20 percent [+]
France 10.30 Mar/15 10.40 10.80 7.20 percent [+]
Germany 4.70 Jun/15 4.70 14.20 0.40 percent [+]
India 4.90 Dec/13 5.20 9.40 4.90 percent [+]
Indonesia 5.81 Mar/15 5.94 11.24 2.00 percent [+]
Italy 12.70 Jun/15 12.50 13.00 5.80 percent [+]
Japan 3.30 Jul/15 3.40 5.60 1.00 percent [+]
Mexico 4.72 Jul/15 4.41 5.93 2.22 percent [+]
Netherlands 6.80 Jul/15 6.90 7.90 3.60 percent [+]
Russia 5.30 Jul/15 5.40 14.10 4.80 percent [+]
South Korea 3.70 Jul/15 3.90 7.10 2.90 percent [+]
Spain 22.37 Jun/15 23.78 26.94 4.41 percent [+]
Switzerland 3.10 Jul/15 3.10 5.40 1.60 percent [+]
Turkey 9.30 May/15 9.60 14.80 7.30 percent [+]
United Kingdom 5.60 Jun/15 5.60 12.00 3.40 percent [+]
United States 5.30 Jul/15 5.30 10.80 2.50 percent [+]