Hong Kong's jobless rate falls to 2.9 percent - RTHK
A A A
Temperature Humidity
News Archive Can search within past 12 months

Hong Kong's jobless rate falls to 2.9 percent

2023-07-18 HKT 17:42
Share this story facebook
  • The government says it expects the labour market to improve further as the local economy picks up. File photo: RTHK
    The government says it expects the labour market to improve further as the local economy picks up. File photo: RTHK
Hong Kong’s latest unemployment rate has dropped further to 2.9 percent – the lowest level in almost four years.

Official data released on Tuesday showed that the jobless rate for the three months to June was 0.1 percentage points lower than the previous period.

The underemployment rate also dropped slightly to 1.1 percent.

In a statement, the government said sectors such as retail, accommodation, arts and entertainment saw substantial falls in unemployment.

The Acting Secretary for Labour and Welfare, Ho Kai-ming, attributed the improvement to the ongoing economic recovery.

"The labour market should improve further in the coming months as the economic recovery gathers further strength,” he said.

Hong Kong's jobless rate falls to 2.9 percent