Hong Kong’s seasonally adjusted unemployment rate edged up to 3.8% in the three months ending August 2026, from 3.7% in each of the previous five periods. Not seasonally adjusted, the jobless rate rose to 4.0% from 3.8%, with unemployment increasing across most major economic sectors, with a more pronounced rise observed in food and beverage service activities. The number of unemployed persons increased by 8,200 month-on-month to 153,900, while total employment rose by 4,400 to 3.652 million. The youth unemployment rate for those aged 20 to 29 climbed to 9.1% from 8.4%. The underemployment rate also ticked up to 1.9% from 1.7%, with the number of underemployed persons rising by 5,900 to 72,100. Meanwhile, the participation rate went up to 56.6% from 56.3%, as the labor force increased by around 12,600 to nearly 3.806 million. source: Census and Statistics Department, Hong Kong
Unemployment Rate in Hong Kong increased to 3.80 percent in August from 3.70 percent in July of 2026. Unemployment Rate in Hong Kong averaged 3.72 percent from 1981 until 2026, reaching an all time high of 8.50 percent in June of 2003 and a record low of 1.00 percent in July of 1989. 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. Hong Kong Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.
Unemployment Rate in Hong Kong increased to 3.80 percent in August from 3.70 percent in July of 2026. Unemployment Rate in Hong Kong is expected to be 3.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hong Kong Unemployment Rate is projected to trend around 3.60 percent in 2027 and 3.40 percent in 2028, according to our econometric models.