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

Unemployment Rate in Hong Kong remained unchanged at 3.30 percent in August of 2014 from 3.30 percent in July 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 Wednesday, October 1, 2014.


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.

Comparing June - August 2014 with May - July 2014, an increase in the unemployment rate (not seasonally adjusted) was observed in the education sector while a decrease was mainly seen in the foundation and superstructure works of the construction sector. As to the underemployment rate, a decrease was mainly observed in the decoration, repair and maintenance for buildings sector.

The number of unemployed persons (not seasonally adjusted) increased by around 3 100 from 133 300 in May - July 2014 to 136 400 in June - August 2014. The number of underemployed persons decreased by around 3 300 from 57 900 in May - July 2014 to 54 600 in June - August 2014.

Total employment increased by around 18 900 from 3 771 100 in May - July 2014 to 3 790 000 in June - August 2014. Over the same period, the labour force also increased by around 22 000 from 3 904 400 to 3 926 400.

Census and Statistics Department | Joana Taborda | joana.taborda@tradingeconomics.com
9/18/2014 10:18:47 AM


Recent Releases

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

Hong Kong Unemployment Rate Up to 3.2%
Hong Kong seasonally adjusted jobless rate edged up by 0.1 percentage point to 3.2 percent in April to June 2014, after remaining unchanged at 3.1 percent for five consecutive months. However, employment sustained mild year-on-year growth and stayed close to its historical high. Published on 2014-07-17


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-06-17 09:30 AM Hong Kong
Unemployment Rate
May 2014 3.1% 3.1% 3.1% 3.1%
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%


Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.30 3.30 8.50 1.00 Percent [+]
Employed Persons 3790.00 3771.10 3790.00 2370.60 Thousand [+]
Unemployed Persons 133.30 127.60 307.70 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 [+]


Unemployment Rate Reference Previous Highest Lowest Unit
Australia 6.10 Aug/14 6.40 10.90 4.00 Percent [+]
Brazil 5.00 Aug/14 4.90 13.10 4.30 Percent [+]
Canada 7.00 Aug/14 7.00 13.10 2.90 Percent [+]
China 4.10 Jun/14 4.10 4.30 3.90 Percent [+]
Euro Area 11.50 Aug/14 11.50 12.00 7.20 Percent [+]
France 10.20 May/14 10.10 10.80 7.20 Percent [+]
Germany 4.90 Aug/14 4.90 14.20 0.40 Percent [+]
India 5.20 Dec/12 6.30 9.40 5.20 Percent [+]
Indonesia 5.70 Feb/14 6.17 11.24 2.00 Percent [+]
Italy 12.30 Aug/14 12.60 12.80 5.90 Percent [+]
Japan 3.50 Aug/14 3.80 5.60 1.00 Percent [+]
Mexico 5.18 Aug/14 5.47 5.93 2.22 Percent [+]
Netherlands 8.00 Aug/14 8.20 8.80 3.40 Percent [+]
Russia 4.80 Aug/14 4.90 14.10 4.80 Percent [+]
South Korea 3.50 Aug/14 3.40 7.10 2.90 Percent [+]
Spain 24.47 May/14 25.93 26.94 4.41 Percent [+]
Switzerland 3.00 Aug/14 2.90 5.40 1.60 Percent [+]
Turkey 9.10 Jun/14 8.80 16.10 8.00 Percent [+]
United Kingdom 6.20 Jul/14 6.40 12.00 3.40 Percent [+]
United States 6.10 Aug/14 6.20 10.80 2.50 Percent [+]





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