Hong Kong's unemployment rate held steady in August, in line with expectations, figures from the Census and Statistics Department showed Monday.
The seasonally adjusted jobless rate came in at 3.4 percent in the three months to August, the same rate as in the May to July period. The figure also matched consensus estimate.
The underemployment rate also remained unchanged at 1.4 percent in the two periods.
On an unadjusted basis, the number of unemployed people totaled 141,200 in the June to August period, up from 138,800 in the May to July period.
Total employment grew by around 5,400 over the period to 3.8 million in the three months ended August.
"While the labour market has stayed resilient so far this year, the near-term employment outlook remains clouded by the lingering external uncertainties and their potential impact on local consumption and business sentiment," the Secretary for Labor and Welfare, Mr Matthew Cheung Kin-chung, said.
"We will stay vigilant and monitor developments closely."
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.