Unemployment rate dips to 2.9%

There were 113,600 unemployed people from April to June.

The jobless rate for the April to June period clocked in at 2.9%, a 0.1 percentage point dip from the March to May period.  

Based on the data from the Census & Statistics Department (C&SD), the total number of unemployed people from April to June was 113,600.

The unemployment rate fell in several segments, including consumption and tourism-related sectors (-0.2 percentage points to 4%) and the arts, entertainment and recreation sector.

“Unemployment rates in remaining sectors either held steady or increased, but stayed low in general,” the C&SD said.

Meanwhile, the number of underemployed individuals dropped by 2,900 to 41,500, translating to a rate of  1.1%.

“The labour market should improve further in the coming months as the economic recovery gathers further strength,” Acting Secretary for Labour & Welfare Ho Kai-ming said.