Hong Kong's unemployment rate remained unchanged in the November to January period for the sixth straight month, as expected, preliminary figures from the Census and Statistics Department showed Tuesday.
The unemployment rate was a seasonally adjusted 3.3 percent in the November to January period, where it has remained since the May to July period last year. The rate also matched economists' expectations.
The underemployment rate was 1.6 percent in the November to July period, unchanged for a second straight month.
The number of unemployed people decreased to an unadjusted 120,500 in the November to January period from 122,100 in the October to December period.
At the same time, total employment increased by around 4,600 to 3.80 million in the November to January period.
"While the usually more buoyant business activity in the run-up to the Lunar New Year should render some support to labour demand, the near-term employment outlook would continue to hinge crucially on the overall economic situation, in particular how the domestic sector would fare down the road," the Secretary for Labour and Welfare Matthew Cheung said.
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