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

Unemployment Rate in Hong Kong remained unchanged at 3.30 percent in March of 2015 from 3.30 percent in February 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
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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, May 7, 2015.


Hong Kong Unemployment Rate Stays at 3.3%


Hong Kong seasonally adjusted unemployment rate remained steady at 3.3 percent for the ninth consecutive period in January to March 2015.

Comparing January - March 2015 with the previous period, the number of unemployed persons (not seasonally adjusted) increased by around 5 500 to 127 300 from 121 800. The number of underemployed persons decreased by around 3 800 to 53 500 (1.4 percent of the labour force) from 57 300.

Increases in the unemployment rate were mainly observed in the construction and retail sectors, while decreases were mainly seen in the real estate, and information and communications sectors. As to the underemployment rate, decreases were mainly observed in the decoration, repair and maintenance for buildings, and transportation sectors.

Total employment in January - March 2015 decreased by around 6 400 to 3 801 100 from 3 807 500 in December 2014 - February 2015. Meanwhile, the labour force in January - March 2015 was 3 928 400, about the same (3 929 300) in the previous period.

Census and Statistics Department | Joana Ferreira | joana.ferreira@tradingeconomics.com
4/23/2015 10:18:28 AM


Recent Releases

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. Published on 2015-03-17

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


Calendar GMT Event Reference Actual Previous Consensus Forecast (i)
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% 3.3% 3.3% 3.3%
2015-05-19 09:30 AM
Unemployment Rate 
Apr 3.3% 3.4%
2015-06-18 09:30 AM
Unemployment Rate 
May 3.4%
2015-07-20 09:30 AM
Unemployment Rate 
Jun 3.4%


Hong Kong Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.30 3.30 8.50 1.00 percent [+]
Employed Persons 3801.10 3807.50 3807.50 2370.60 Thousand [+]
Unemployed Persons 127.30 121.80 307.70 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/Month [+]
Wages in Manufacturing 191.10 190.70 191.10 141.80 Index Points [+]
Labour Costs 131.80 123.90 148.10 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 6.10 Mar/15 6.20 10.90 4.00 percent [+]
Brazil 6.20 Mar/15 5.90 13.10 4.30 percent [+]
Canada 6.80 Mar/15 6.80 13.10 2.90 percent [+]
China 4.10 Feb/15 4.10 4.30 3.90 percent [+]
Euro Area 11.30 Mar/15 11.30 12.00 7.20 percent [+]
France 10.40 Nov/14 10.30 10.80 7.20 percent [+]
Germany 4.70 Mar/15 4.70 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 13.00 Mar/15 12.70 13.20 5.90 percent [+]
Japan 3.40 Mar/15 3.50 5.60 1.00 percent [+]
Mexico 3.86 Mar/15 4.33 5.93 2.22 percent [+]
Netherlands 7.00 Mar/15 7.10 7.90 3.60 percent [+]
Russia 5.90 Mar/15 5.80 14.10 4.80 percent [+]
South Korea 3.70 Mar/15 3.90 7.10 2.90 percent [+]
Spain 23.78 Feb/15 23.70 26.94 4.41 percent [+]
Switzerland 3.40 Mar/15 3.50 5.40 1.60 percent [+]
Turkey 11.30 Jan/15 10.90 16.10 8.00 percent [+]
United Kingdom 5.60 Feb/15 5.70 12.00 3.40 percent [+]
United States 5.50 Mar/15 5.50 10.80 2.50 percent [+]