The seasonally adjusted unemployment rate edged up 0.1 percentage point from November 2024 to January 2025 to 3.2% for the December 2024 to February 2025 period, the Census & Statistics Department announced today.
The underemployment rate remained at 1.1%.
Total employment was 3,709,500, down 7,100 from November 2024 to January 2025, while the labour force also dropped 5,400 to 3,821,300.
The number of unemployed people increased from 110,100 to 111,700. Meanwhile, the number of underemployed people decreased from 43,000 to 40,700.
Secretary for Labour & Welfare Chris Sun said the labour market should remain largely stable in the near term, although some businesses would be affected by the uncertainties stemming from US trade protection measures.
