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

Unemployment Rate in Hong Kong remained unchanged at 3.30 percent in January of 2015 from 3.30 percent in December of 2014. Unemployment Rate in Hong Kong averaged 3.73 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 Monday, March 2, 2015.


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.

Comparing November 2014 - January 2015 with October - December 2014, movements in the unemployment rate (not seasonally adjusted) in various industry sectors varied. Increases were mainly observed in the wholesale, accommodation services, and food and beverage service activities sectors, while decreases were mainly seen in the foundation and superstructure works of the construction sector, the transportation sector and the repair, laundry, domestic and other personal service activities sector. As to the underemployment rate, an increase was mainly observed in the foundation and superstructure works of the construction sector while decreases were mainly seen in the warehousing and support activities for transportation sector and the food and beverage service activities sector.

Total employment in November 2014 - January 2015 increased by around 4 600 from 3 797 200 in October - December 2014 to 3 801 800 in November 2014 - January 2015. Over the same period, the labour force also increased by around 2 800 from 3 919 400 to 3 922 200.

The number of unemployed persons (not seasonally adjusted) decreased by around 1 600 from 122 100 in October - December 2014 to 120 500 in November 2014 - January 2015. Over the same period, the number of underemployed persons in November 2014 - January 2015 was 62 200, about the same as 62 700 in October - December 2014.

Census and Statistics Department | Joana Taborda | joana.taborda@tradingeconomics.com
2/17/2015 9:10:53 AM


Recent Releases

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

Hong Kong Unemployment Rate at 3.3%
Hong Kong seasonally adjusted jobless rate remained steady at 3.3 percent for the fifth straight period in September to November 2014. While employment was marginally unchanged, the labor force decreased. Published on 2014-12-18


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-12-18 08:30 AM
Unemployment Rate  Nov
3.3% 3.3% 3.3% 3.2%
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% 3.4%
2015-04-23 09:30 AM
Unemployment Rate  Mar
3.4%
2015-05-19 09:30 AM
Unemployment Rate  Apr
3.4%


Hong Kong Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.30 3.30 8.50 1.00 percent [+]
Employed Persons 3801.80 3797.20 3801.80 2370.60 Thousand [+]
Unemployed Persons 120.50 122.10 307.70 24.90 Thousand [+]
Job Vacancies 75357.00 79724.00 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 14126.00 13912.00 14126.00 10382.00 HKD [+]
Wages in Manufacturing 190.70 189.70 190.70 141.80 Index Points [+]
Labour Costs 123.90 124.40 148.10 76.20 Index Points [+]
Population 7.23 7.22 7.23 3.08 Million [+]


Unemployment Rate Reference Previous Highest Lowest Unit
Australia 6.40 Jan/15 6.10 10.90 4.00 percent [+]
Brazil 5.30 Jan/15 4.30 13.10 4.30 percent [+]
Canada 6.60 Jan/15 6.70 13.10 2.90 percent [+]
China 4.10 Nov/14 4.10 4.30 3.90 percent [+]
Euro Area 11.20 Jan/15 11.30 12.00 7.20 percent [+]
France 10.40 Aug/14 10.10 10.80 7.20 percent [+]
Germany 4.70 Jan/15 4.80 14.20 0.40 percent [+]
India 5.20 Dec/12 6.30 9.40 5.20 percent [+]
Indonesia 5.94 Aug/14 5.70 11.24 2.00 percent [+]
Italy 12.60 Jan/15 12.70 13.30 5.90 percent [+]
Japan 3.60 Jan/15 3.40 5.60 1.00 percent [+]
Mexico 4.51 Jan/15 3.76 5.93 2.22 percent [+]
Netherlands 7.20 Jan/15 7.20 8.80 3.40 percent [+]
Russia 5.50 Jan/15 5.30 14.10 4.80 percent [+]
South Korea 3.40 Jan/15 3.50 7.10 2.90 percent [+]
Spain 23.70 Nov/14 23.67 26.94 4.41 percent [+]
Switzerland 3.50 Jan/15 3.40 5.40 1.60 percent [+]
Turkey 10.70 Nov/14 10.40 16.10 8.00 percent [+]
United Kingdom 5.70 Dec/14 5.80 12.00 3.40 percent [+]
United States 5.70 Jan/15 5.60 10.80 2.50 percent [+]