Unemployment flat at 2.8% in March-May

This translates to 112,300 unemployed persons.

Unemployment levels in Hong Kong remained unchanged at 2.8% in March-May 2018 compared to February-April, according to the Census & Statistics Department.

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The number of unemployed persons fell from 112,900 in February to April to 112,300.

“In particular, on the back of strong global demand and buoyant inbound tourism, visible year-on-year declines in unemployment rates were seen in the trade- and tourism-related industries such as import and export trade, retail, and accommodation services,” said Law Chi-kwong, secretary for labour and welfare.

The underemployment rate was also flat at 1% over the same period. This translates to a total of 41,000 underemployed persons.