Hong Kong: Unemployment rate
* indicates monthly or quarterly data series
The most recent value is 3 percent as of June 2024, no change compared to the previous value of 3 percent. Historically, the average for Hong Kong from August 1981 to June 2024 is 3.72 percent. The minimum of 1 percent was recorded in May 1989, while the maximum of 8.5 percent was reached in April 2003.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Census and Statistics Department Hong Kong
| Recent values | Hong Kong: Unemployment rate, percent |
|---|---|
| 2024 Jun | 3 |
| 2024 May | 3 |
| 2024 Apr | 3 |
| 2024 Mar | 2.9 |
| 2024 Feb | 2.7 |
| 2024 Jan | 2.7 |
| 2023 Dec | 2.8 |
| 2023 Nov | 2.9 |
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Definition: The unemployment rate represents the share of the labor force that is without work but available for and seeking employment.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Labor force | 3.73 | 2023 | million people |
| Unemployment rate | 3.93 | 2023 | percent |
| Female unemployment | 3.34 | 2023 | percent |
| Male unemployment | 4.71 | 2023 | percent |
| Youth unemployment | 10.53 | 2023 | percent |
| Labor force participation | 57.60 | 2023 | percent |
| Labor force: percent female | 49.78 | 2023 | percent |
| Female labor force participation | 52.34 | 2023 | percent |
| Male labor force participation | 63.97 | 2023 | percent |
| Self-employment | 8.45 | 2022 | percent |
| Employment | 3.72 | 9/2023 | million employed people |
| Unemployment rate | 3.00 | 9/2023 | percent |
| Labor cost | 265.80 | Q3/2023 | index points |