, Hong Kong

HK’s unemployment rate dips 4.3% in August-October

The decrease in unemployment was observed in most major economic sectors.

Hong Kong’s seasonally adjusted unemployment rate dipped 4.3% in August to October period from 4.5% in July to September.

The Census and Statistics Department, in its report, said the decreases in unemployment were observed in most major economic sectors.

In particular, “distinct” drops were seen in decoration, repair, and maintenance for buildings sector; arts, entertainment, and recreation sector; and food and beverage service activities sector which slipped by 0.8% to 7.7%.

On a non-seasonally adjusted basis, the number of unemployed persons declined by around 8,800 to 171,800.

Meanwhile, the underemployment rate also decreased to 1.9% from 2.1% in the preceding three months.

Overall, labour force for the three-month period was almost the same at 3,838,200, despite an increased employment rate in the same period (3,666,500).

Follow the link for more news on

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!