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FINWIRES

Hong Kong's Unemployment Rate Slides to 3.7% in January-March

-- Hong Kong's seasonally adjusted unemployment rate fell to 3.7% in the January to March period from 3.8% in the December 2025 to February 2026, according to data released by the Census and Statistics Department Thursday.

The underemployment rate also decreased during the two periods from 1.7% to 1.6%.

Total employment decreased by around 7,300 to 3,665,000 in the period from 3,663,000 in the prior period, while the labour force fell by 5,300 to 3,792,400 from 3,797,700 .

The number of unemployed persons increased by 1,900 to 136,600 from 134,700 previously, while the number of underemployed persons decreased by 3,300 to 60,100 from 63,400 previously.

Looking ahead, Chris Sun, Secretary for Labor and Welfare, said the sustained growth of the Hong Kong economy should underpin the overall labor market and the government was closely monitoring geopolitical tensions in the Middle East to assess the potential implications for the labor market.

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