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Financial News: Hong Kong Jobless Rate Remains Stable

Hong Kong Jobless Rate Remains Stable

12/18/2017 - 04:22:00 (RTTNews)

(RTTNews) - Hong Kong's unemployment rate held steady in the three months ended November, the Census and Statistics Department reported Monday.

The unemployment rate came in at 3.0 percent in the September to November period, the same rate as in the August to October period.

The underemployment rate also remained unchanged at 1.1 percent in the two periods.

On an unadjusted basis, the number of unemployed people totaled 117,800 in September to November, down from 123,600 in August to October.

At the same time, total employment increased by around 3,200 to 3.83 million in the September to November period.

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