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

Unemployment Rate in Hong Kong remained unchanged at 3.30 percent in February of 2015 from 3.30 percent in January of 2015. 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.

      Forecast    
Hong Kong Unemployment Rate


Actual Previous Highest Lowest Dates Unit Frequency
3.30 3.30 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 - 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, April 2, 2015.


Hong Kong Unemployment Rate Steady in February


Hong Kong seasonally adjusted jobless rate remained unchanged at 3.3 percent for the eighth consecutive period in December 2014 to February 2015. The rise in employment was enough to offset an increase in the number of unemployed.

Comparing December 2014 - February 2015 with the previous period, the number of unemployed persons (not seasonally adjusted) increased by around 1 300 to 121 800. The number of underemployed persons decreased by around 4 900 from 62 200 to 57 300.

Increases in the unemployment rate were mainly observed in the arts, entertainment and recreation sector and the repair, laundry, domestic and other personal service activities sector, while decreases were mainly seen in the information and communications sector and the foundation and superstructure works of the construction sector. As to the underemployment rate, decreases were mainly observed in the construction, transportation, food and beverage service activities, and retail sectors.

Total employment in December 2014 - February 2015 increased by around 5 700 from 3 801 800 in November 2014 - January 2015 to 3 807 500 in December 2014 - February 2015. Over the same period, the labour force also increased by around 7 100 from 3 922 200 to 3 929 300.

Census and Statistics Department | Joana Taborda | joana.taborda@tradingeconomics.com
3/17/2015 8:49:54 AM


Recent Releases

Hong Kong Unemployment Rate Unchanged at 3.3%
Hong Kong seasonally adjusted jobless rate remained steady at 3.3 percent for the seventh consecutive period in November 2014 to January 2015. Both employment and labour force grew modestly while unemployment decreased. Published on 2015-02-17

Hong Kong Jobless Rate Stable at 3.3%
Hong Kong seasonally adjusted unemployment rate remained steady at 3.3 percent for the sixth straight period in October to December 2014. Both total employment and the labor force kept growing moderately over a year earlier. Published on 2015-01-19


Calendar GMT Event Actual Previous Consensus Forecast (i)
2015-01-19 08:30 AM
Unemployment Rate  Dec
3.3% 3.3% 3.3%
2015-02-17 08:30 AM
Unemployment Rate  Jan
3.3% 3.3% 3.3%
2015-03-17 08:30 AM
Unemployment Rate  Feb
3.3% 3.3% 3.4%
2015-04-23 09:30 AM
Unemployment Rate  Mar
3.3% 3.4%
2015-05-19 09:30 AM
Unemployment Rate  Apr
3.4%
2015-06-18 09:30 AM
Unemployment Rate  May
3.4%


Hong Kong Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.30 3.30 8.50 1.00 percent [+]
Employed Persons 3807.50 3801.80 3807.50 2370.60 Thousand [+]
Unemployed Persons 121.80 120.50 307.70 24.90 Thousand [+]
Job Vacancies 73533.00 75357.00 127765.00 15919.00 [+]
Productivity 147.80 145.40 147.80 99.40 Index Points [+]
Labor Force Participation Rate 61.50 61.50 66.50 59.50 percent [+]
Wages 14354.00 14126.00 14354.00 10382.00 HKD [+]
Wages in Manufacturing 191.10 190.70 191.10 141.80 Index Points [+]
Labour Costs 123.90 124.40 148.10 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 [+]


Unemployment Rate Reference Previous Highest Lowest Unit
Australia 6.30 Feb/15 6.40 10.90 4.00 percent [+]
Brazil 5.90 Feb/15 5.30 13.10 4.30 percent [+]
Canada 6.80 Feb/15 6.60 13.10 2.90 percent [+]
China 4.10 Dec/14 4.10 4.30 3.90 percent [+]
Euro Area 11.30 Feb/15 11.40 12.00 7.20 percent [+]
France 10.40 Nov/14 10.30 10.80 7.20 percent [+]
Germany 4.80 Feb/15 4.80 14.20 0.40 percent [+]
India 4.90 Dec/13 5.20 9.40 4.90 percent [+]
Indonesia 5.94 Aug/14 5.70 11.24 2.00 percent [+]
Italy 12.70 Feb/15 12.60 13.20 5.90 percent [+]
Japan 3.50 Feb/15 3.60 5.60 1.00 percent [+]
Mexico 4.33 Feb/15 4.51 5.93 2.22 percent [+]
Netherlands 7.10 Feb/15 7.20 8.80 3.40 percent [+]
Russia 5.80 Feb/15 5.50 14.10 4.80 percent [+]
South Korea 3.90 Feb/15 3.40 7.10 2.90 percent [+]
Spain 23.70 Nov/14 23.67 26.94 4.41 percent [+]
Switzerland 3.50 Feb/15 3.50 5.40 1.60 percent [+]
Turkey 10.90 Dec/14 10.70 16.10 8.00 percent [+]
United Kingdom 5.70 Jan/15 5.70 12.00 3.40 percent [+]
United States 5.50 Feb/15 5.70 10.80 2.50 percent [+]