Financial News: Hong Kong Jobless Rate Rises To 3.4%

Hong Kong Jobless Rate Rises To 3.4%

05/20/2025 - 08:54:00 (RTTNews)

(RTTNews) - Hong Kong's unemployment rate increased in the February-April period, labor force statistics from the Census and Statistics Department showed on Tuesday.

The seasonally adjusted unemployment rate rose to 3.4 percent in February-April, up from 3.2 percent in the January-March period.

The data showed that the underemployment rate climbed to 1.3 percent from 1.1 percent.

On an unadjusted basis, the unemployment rate also rose to 3.4 percent from 3.2 percent.

The number of unemployed persons was 129,400, compared to 122,800 in the January-March period.

"Various industries in Hong Kong are undergoing a transitional period, and the trends of their unemployment rates may go upward or downward," Chris Sun, the secretary for labor and welfare, said.

"However, the recent easing of trade tensions, the continued growth in the mainland economy, the government's various measures to boost economic momentum, and the continuous positive growth of the overall economy will provide support to the labor market."

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Luxembourg Jobless Rate Rises To 6.0% (03 hr(s), 29 min(s), 05 sec(s) ago)
(RTTNews) - Luxembourg's unemployment rate increased slightly in April to the highest level in ...Full Story»

Turkey Consumer Confidence Rises In May (03 hr(s), 50 min(s), 05 sec(s) ago)
(RTTNews) - Consumer confidence in Turkey improved somewhat in May after falling in the previous m ...Full Story»

Hong Kong Jobless Rate Rises To 3.4% (04 hr(s), 45 min(s), 05 sec(s) ago)
(RTTNews) - Hong Kong's unemployment rate increased in the February-April period, labor force ...Full Story»

Czech Producer Prices Fall 1.3% (05 hr(s), 48 min(s), 05 sec(s) ago)
(RTTNews) - The Czech Republic's producer prices decreased for the third straight month in Apr ...Full Story»

Italy Construction Output Falls 0.4% (06 hr(s), 10 min(s), 05 sec(s) ago)
(RTTNews) - Italy's construction output decreased for the second straight month in March, acco ...Full Story»

Eurozone Construction Output Rises Slightly (06 hr(s), 25 min(s), 05 sec(s) ago)
(RTTNews) - Eurozone construction output rose marginally in March, first estimates from Eurostat r ...Full Story»

Estonia Producer Price Inflation Eases To 1.4% (06 hr(s), 31 min(s), 05 sec(s) ago)
(RTTNews) - Estonia's producer price inflation eased further in April amid falling prices in t ...Full Story»

Taiwan Export Orders Surge 19.8% (06 hr(s), 51 min(s), 05 sec(s) ago)
(RTTNews) - Taiwan's export orders increased for the third straight month in April, according ...Full Story»