Hong Kong Unemployment Rate  1981-2017 | Data | Chart | Calendar

The seasonally adjusted unemployment rate in Hong Kong declined to 3.2 percent in the three months to March 2017, from 3.3 percent in the previous period. It was the lowest jobless rate since June of 2014. The underemployment rate remained unchanged at 1.2 percent. Unemployment Rate in Hong Kong averaged 3.70 percent from 1981 until 2017, reaching an all time high of 8.50 percent in June of 2003 and a record low of 1 percent in July of 1989.

Hong Kong Unemployment Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-02-20 08:30 AM Jan 3.3% 3.3% 3.3%
2017-03-16 08:30 AM Feb 3.3% 3.3% 3.3%
2017-04-21 08:30 AM Mar 3.2% 3.3% 3.3%
2017-05-19 08:30 AM Apr 3.2% 3.3%
2017-06-20 08:30 AM May 3.4%
2017-07-18 08:30 AM Jun 3.4%




Hong Kong Jobless Rate Lowest Since 2014


The seasonally adjusted unemployment rate in Hong Kong declined to 3.2 percent in the three months to March 2017, from 3.3 percent in the previous period. It was the lowest jobless rate since June of 2014. The underemployment rate remained unchanged at 1.2 percent.

Compared to the three months to February, the number of unemployed persons (not seasonally adjusted) increased by around 5 600 to 125 000 and the number of underemployed remained unchanged at 49 000.

Employment decreased by around 2 000 to 3 822 400  and while the labor force increased by around 3 600 to 3 947 400.

While there were only small movements in the unemployment rates of most of the major economic sectors when compared to the preceding three-month period, the unemployment rates of many sectors were generally lower than their year-ago levels amid the relatively favourable overall economic conditions on entering 2017. Specifically, thanks to the continued improvement of inbound tourism, the unemployment rates for all individual sectors in the consumption- and tourism-related segment (viz. retail, accommodation and food services) went down in January - March 2017 over the preceding period as well as a year earlier.

Census and Statistics Department | Yekaterina Guchshina | yekaterina@tradingeconomics.com
4/21/2017 9:11:07 AM



Hong Kong Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.20 3.30 8.50 1.00 percent [+]
Employed Persons 3822.40 3824.40 3831.10 2370.60 Thousand [+]
Unemployed Persons 125.00 119.40 307.70 24.90 Thousand [+]
Labor Force Participation Rate 61.20 61.20 66.50 59.50 percent [+]
Labour Costs 134.60 135.90 154.60 12.30 Index Points [+]
Productivity 155.20 153.70 155.20 99.40 Index Points [+]
Job Vacancies 67141.00 69341.00 127765.00 15919.00 [+]
Wages 15447.00 15129.00 15447.00 10382.00 HKD/Month [+]
Wages in Manufacturing 206.80 206.60 206.80 141.80 Index Points [+]
Minimum Wages 34.50 32.50 34.50 28.00 HKD/Hour [+]
Population 7.37 7.30 7.37 3.08 Million [+]
Youth Unemployment Rate 5.40 5.50 10.40 1.90 percent [+]
Retirement Age Men 65.00 65.00 65.00 60.00 [+]
Retirement Age Women 65.00 65.00 65.00 60.00 [+]


Hong Kong Unemployment Rate Notes

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. Hong Kong Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.20 3.30 8.50 1.00 1981 - 2017 percent Monthly
SA



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New Caledonia 14.60 Dec/14
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Croatia 14.40 Mar/17
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Brazil 13.70 Mar/17
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Dominican Republic 13.30 Sep/16
Zambia 13.30 Dec/14
Rwanda 13.20 Feb/16
Serbia 13.00 Dec/16
Turkey 13.00 Jan/17
Cyprus 12.90 Feb/17
Jamaica 12.90 Sep/16
Mauritania 12.85 Dec/14
Iran 12.70 Sep/16
Egypt 12.40 Dec/16
Georgia 12.00 Dec/15
South Sudan 12.00 Dec/08
Maldives 11.60 Dec/14
Italy 11.50 Feb/17
Puerto Rico 11.30 Feb/17
Zimbabwe 11.30 Dec/14
East Timor 11.00 Dec/13
Slovenia 10.90 Feb/17
Uzbekistan 10.70 Dec/13
Algeria 10.50 Sep/16
Portugal 10.50 Dec/16
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Belize 10.10 Dec/15
France 10.00 Dec/16
Turkmenistan 10.00 Dec/15
Ukraine 10.00 Dec/16
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Costa Rica 9.50 Dec/16
Euro Area 9.50 Feb/17
Morocco 9.40 Dec/16
Latvia 9.30 Dec/16
Austria 8.90 Mar/17
Suriname 8.90 Dec/15
Mongolia 8.60 Dec/16
Lithuania 8.30 Mar/17
Bulgaria 8.21 Feb/17
Mali 8.20 Dec/14
Uruguay 8.20 Feb/17
Poland 8.10 Mar/17
European Union 8.00 Feb/17
Slovakia 8.00 Mar/17
Fiji 7.90 Dec/14
Burundi 7.70 Dec/12
Peru 7.70 Mar/17
Argentina 7.60 Dec/16
Central African Republic 7.60 Dec/12
Guinea Bissau 7.60 Dec/13
Bolivia 7.40 Dec/13
Paraguay 7.40 Dec/16
Honduras 7.30 Dec/15
Venezuela 7.30 Apr/16
Oman 7.20 Dec/14
Togo 7.10 Dec/14
Belgium 7.00 Feb/17
Comoros 7.00 Dec/12
El Salvador 7.00 Dec/15
Brunei 6.90 Dec/14
Haiti 6.80 Dec/14
Nicaragua 6.80 Dec/14
Sweden 6.80 Mar/17
Canada 6.70 Mar/17
Swaziland 6.70 Dec/13
Burkina Faso 6.60 Dec/14
Chile 6.60 Mar/17
Estonia 6.60 Dec/16
Malawi 6.60 Dec/13
Mauritius 6.60 Dec/16
Philippines 6.60 Mar/17
Ireland 6.40 Mar/17
Lebanon 6.40 Dec/14
Luxembourg 6.00 Mar/17
Pakistan 5.90 Dec/15
Australia 5.88 Mar/17
Saudi Arabia 5.70 Sep/16
Indonesia 5.61 Sep/16
Cayman Islands 5.60 Dec/15
Chad 5.60 Dec/13
Panama 5.60 Dec/16
Romania 5.40 Feb/17
Russia 5.40 Mar/17
Ivory Coast 5.30 Dec/13
Ecuador 5.20 Dec/16
Ghana 5.20 Dec/13
New Zealand 5.20 Dec/16
Netherlands 5.10 Mar/17
Azerbaijan 5.00 Dec/15
India 4.90 Dec/13
Kazakhstan 4.90 Mar/17
Czech Republic 4.80 Mar/17
United Kingdom 4.70 Feb/17
Hungary 4.50 Mar/17
Seychelles 4.50 Dec/16
United States 4.50 Mar/17
Trinidad and Tobago 4.40 Jun/16
Bangladesh 4.30 Dec/14
Denmark 4.30 Mar/17
Israel 4.30 Feb/17
Norway 4.30 Feb/17
Malta 4.20 Dec/16
Sri Lanka 4.20 Dec/16
United Arab Emirates 4.20 Dec/12
North Korea 4.10 Dec/14
Myanmar 4.02 Dec/13
Cameroon 4.00 Dec/13
China 3.97 Mar/17
Germany 3.90 Feb/17
Taiwan 3.84 Mar/17
Liberia 3.80 Dec/14
Moldova 3.80 Dec/16
Uganda 3.80 Dec/13
Bahrain 3.70 Dec/12
South Korea 3.70 Mar/17
Malaysia 3.50 Feb/17
Switzerland 3.40 Mar/17
Sierra Leone 3.30 Dec/14
Hong Kong 3.20 Mar/17
Mexico 3.19 Mar/17
Guatemala 3.10 Jun/16
Iceland 3.10 Feb/17
Nepal 3.00 Dec/14
Japan 2.80 Mar/17
Bhutan 2.50 Dec/16
Papua New Guinea 2.50 Dec/14
Cuba 2.40 Dec/15
Liechtenstein 2.40 Dec/15
Singapore 2.30 Mar/17
Tajikistan 2.30 Dec/16
Niger 2.25 Dec/08
Kuwait 2.20 Dec/15
Kyrgyzstan 2.20 Jan/17
Vietnam 2.11 Dec/16
Macau 2.00 Mar/17
Guinea 1.70 Dec/13
Laos 1.40 Dec/14
Thailand 1.30 Mar/17
Madagascar 1.20 Dec/12
Benin 1.00 Dec/13
Belarus 0.90 Feb/17
Cambodia 0.50 Dec/15
Qatar 0.20 Sep/16