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Hong Kong's Unemployment Rate Rises to 3.8% in June-August

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The seasonally adjusted unemployment rate in Hong Kong stood at 3.8% for the three-month period from June to August, according to data from the Census and Statistics Department released on Thursday.

The reading compared with the 3.7% rate recorded in the previous three-month period.

The underemployment rate changed to 1.9%. Total employment rose by around 4,400 to about 3.7 million people, while the number of unemployed individuals grew by 8,200 to 153,900.

The Labour and Welfare Bureau noted that the continued expansion of the local economy is expected to underpin overall labor market conditions, with employment across industries hinging on their respective business conditions.

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International

New Zealand Job Ads Rise 0.6% in August, Up 9.7% Annually, Says Seek

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International

Saudi Central Bank Lifts Rates by 25 Basis Points

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International

UAE Central Bank Hikes Rates by 25 Basis Points in September

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