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

Unemployment Rate in Hong Kong remained unchanged at 3.30 percent in September of 2014 from 3.30 percent in August 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.

   
 
 

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 Thursday, October 23, 2014.


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.

The number of unemployed persons (not seasonally adjusted) decreased by around 3 500 from 136 400 in June - August 2014 to 132 900 in July - September 2014. An increase in the unemployment rate (not seasonally adjusted) was observed in the decoration, repair and maintenance for buildings sector while decreases were seen in the cleaning and similar activities, and warehousing and support activities for transportation sectors. The underemployment rate increased to 1.5% in July - September 2014 from 1.4% in June - August 2014 and increases were observed in the transportation, and food and beverage service activities sectors.

Total employment decreased by around 4 300 from 3 790 000 in June - August 2014 to 3 785 700 in July - September 2014. Over the same period, the labour force also decreased by around 7 800 from 3 926 400 to 3 918 600. Meanwhile, the number of underemployed persons increased by around 2 400 from 54 600 to 57 000. 

Census and Statistics Department | Ricardo Martins | ricardo.martins@tradingeconomics.com
10/20/2014 10:04:58 AM


Recent Releases

Hong Kong Unemployment Rate Steady at 3.3%
Hong Kong's seasonally adjusted jobless rate remained unchanged at 3.3 percent in June to August 2014. The underemployment rate decreased to 1.4 percent in June - August 2014 from 1.5 percent in May - July 2014. Published on 2014-09-18

Hong Kong Unemployment Rate Rises in July
Hong Kong’s seasonally adjusted jobless rate edged up for the second straight time by 0.1 percentage point to 3.3 percent in May to July 2014. Although total employment rose to an all-time high of 3 771 100, the increase in labour force was even more. Published on 2014-08-18


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-07-17 09:30 AM Hong Kong
Unemployment Rate
Jun 2014 3.2% 3.1% 3.1% 3.1%
2014-08-18 09:30 AM Hong Kong
Unemployment Rate
Jul 2014 3.3% 3.2% 3.3%
2014-09-18 09:30 AM Hong Kong
Unemployment Rate
Aug 2014 3.3% 3.3% 3.4% 3.3%
2014-10-20 09:30 AM Hong Kong
Unemployment Rate
Sep 2014 3.3% 3.3% 3.3%
2014-11-17 08:30 AM Hong Kong
Unemployment Rate
Oct 2014 3.3%


Hong Kong Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.30 3.30 8.50 1.00 Percent [+]
Employed Persons 3785.70 3790.00 3790.00 2370.60 Thousand [+]
Unemployed Persons 132.90 136.40 307.70 24.90 Thousand [+]
Job Vacancies 77788.00 72382.00 127765.00 15919.00 [+]
Productivity 145.50 144.50 145.50 99.40 Index Points [+]
Labor Force Participation Rate 61.00 60.70 66.50 59.50 Percent [+]
Wages 14126.00 13912.00 14126.00 10382.00 HKD [+]
Wages in Manufacturing 185.20 180.90 185.20 141.80 Index Points [+]
Labour Costs 140.00 123.70 148.10 76.20 Index Points [+]
Population 7.22 7.17 7.22 3.08 Million [+]