Financial News: Hong Kong Jobless Rate Remains Stable At 3.7%

Hong Kong Jobless Rate Remains Stable At 3.7%

06/16/2026 - 05:28:00 (RTTNews)

(RTTNews) - Hong Kong's unemployment rate held steady in the three months ending in May, labor force statistics from the Census and Statistics Department showed on Tuesday.

The seasonally adjusted unemployment rate came in at 3.7 percent in March to May, the same as in the February to April period. Similarly, the underemployment rate stayed unchanged at 1.5 percent.

Without adjustment, the unemployment rate also remained stable at 3.7 percent. The number of unemployed people was 141,100 versus 139,200 in the February to April period.

Data showed that total employment fell by around 8,700 to 3.639 million in the March-May period. The labor force also declined by around 6,900 compared to the previous three-month period and stood at 3.780 million.

"The ongoing economic expansion should continue to render support to the overall labor market," the secretary for labor and welfare, Mr. Chris Sun, said.

"The government will continue to closely monitor the evolving external uncertainties and their potential implications on the Hong Kong economy."

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Bank Of Japan Hikes Key Rate To Highest Level Since 1995 (32 min(s), 15 sec(s) ago)
(RTTNews) - The Bank of Japan decided to raise its benchmark interest rate by a quarter-point to i ...Full Story»

Hong Kong Jobless Rate Remains Stable At 3.7% (01 hr(s), 13 min(s), 15 sec(s) ago)
(RTTNews) - Hong Kong's unemployment rate held steady in the three months ending in May, labor ...Full Story»

Italy Inflation Confirmed At 32-month High (01 hr(s), 49 min(s), 15 sec(s) ago)
(RTTNews) - Consumer price inflation in Italy accelerated further in May to the highest level in m ...Full Story»

Turkey Retail Sales Growth Eases To 13-month Low (02 hr(s), 10 min(s), 15 sec(s) ago)
(RTTNews) - Turkey's retail sales growth moderated in April to the lowest level in just over a ...Full Story»

Czech Producer Prices Rise Most In 17 Months (02 hr(s), 53 min(s), 15 sec(s) ago)
(RTTNews) - The Czech Republic's industrial producer price inflation accelerated less-than-exp ...Full Story»

China Retail Sales Decline For First Time Since 2022 (03 hr(s), 20 min(s), 15 sec(s) ago)
(RTTNews) - China's retail sales declined for the first time since 2022 on subdued domestic de ...Full Story»

Australia Keeps Interest Rate Unchanged (05 hr(s), 05 min(s), 15 sec(s) ago)
(RTTNews) - The Reserve Bank of Australia left its benchmark interest rate unchanged on Tuesday as ...Full Story»

Bank Of Japan Hikes Key Rate By 25 Bps (06 hr(s), 35 min(s), 15 sec(s) ago)
(RTTNews) - The Bank of Japan raised its benchmark interest rate by a quarter-point on Tuesday, to ...Full Story»