Financial News: Hong Kong Jobless Rate Rises To 3.9%

Hong Kong Jobless Rate Rises To 3.9%

10/20/2025 - 06:46:00 (RTTNews)

(RTTNews) - Hong Kong's unemployment rate increased in the July to September period, labor force statistics from the Census and Statistics Department showed on Monday.

The seasonally adjusted unemployment rate came in at 3.9 percent in July-September, up from 3.7 in the June-August period.

The data showed that the underemployment rate remained stable at 1.6 percent.

Without adjustment, the unemployment rate climbed to 4.1 percent from 3.9 percent.

The number of unemployed persons was 155,600, compared to 151,000 in the June-August period.

The unemployment rate increased in many major economic sectors, with more distinct increases observed in the social work activities sector and construction sector.

Looking ahead, the continued expansion of the Hong Kong economy is expected to support job growth, Chris Sun, the secretary for labor and welfare, said.

However, the employment situation in some sectors would continue to face challenges during economic restructuring, and the increasing external uncertainties could also weigh on corporate hiring sentiment.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Portugal Inflation Confirmed At 2.3% (05 hr(s), 30 min(s), 19 sec(s) ago)
(RTTNews) - Portugal's consumer price inflation moderated slightly as initially estimated in O ...Full Story»

India Inflation Eases To Record Low In October (06 hr(s), 06 min(s), 19 sec(s) ago)
(RTTNews) - India's consumer price inflation eased more-than-expected in October to a new reco ...Full Story»

Italy Industrial Output Rebounds Strongly In September (07 hr(s), 06 min(s), 19 sec(s) ago)
(RTTNews) - Italy's industrial production expanded more-than-expected in September, after a re ...Full Story»

Turkey Current Account Surplus Falls In September (09 hr(s), 02 min(s), 19 sec(s) ago)
(RTTNews) - Turkey's current account surplus decreased in September from a year ago, according ...Full Story»

Finland Current Account Surplus Shrinks In September (09 hr(s), 31 min(s), 19 sec(s) ago)
(RTTNews) - Finland's current account surplus decreased further at the end of the third quarte ...Full Story»

German Inflation Eases As Estimated (09 hr(s), 58 min(s), 19 sec(s) ago)
(RTTNews) - Edited third para Germany's consumer price inflation weakened in October afte ...Full Story»

German Inflation Eases As Estimated (10 hr(s), 02 min(s), 19 sec(s) ago)
(RTTNews) - Germany's consumer price inflation weakened in October after rising for two straig ...Full Story»

Romania Inflation Eases Slightly In October (10 hr(s), 14 min(s), 19 sec(s) ago)
(RTTNews) - Romania's consumer price inflation moderated slightly in October as expected, data ...Full Story»