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HK’s jobless rate holds steady

Xenia. W by Xenia. W
20 January 2026
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Hong Kong’s labour market remained largely stable over the past three months, with official data showing the jobless rate remained unchanged at 3.8 percent but underemployment rose slightly.

According to data released by the Census and Statistics Department on Tuesday, the underemployment rate increased to 1.7 percent in the October – December period, up from 1.6 percent in September – November.

The increase was mainly seen in the transport sector and information and communications sector, while the situation improved in cleaning-related industries.

The jobless rate has remained at 3.8 percent since falling from 3.9 percent in the third quarter.

The number of people out of work during the October – December period fell by around 6,200 to 138,200, while the number of underemployed persons rose by 3,900 to 64,800.

Total employment dropped by about 2,900 to 3,667,000, while the labour force decreased by about 9,100 to 3,805,200.

“The continued growth of the Hong Kong economy and the improvement in local consumption sentiment should help stabilise the labour market,” Labour Secretary Chris Sun said in comments on the latest data.

“Nonetheless, the employment situations in some sectors may continue to be affected by their challenging business conditions.”

Tags: BusinessFinance
Xenia. W

Xenia. W

Xenia is a Hong Kong–based writer and content creator focusing on financial markets, policy and the city’s evolving economic landscape. With over ten years of experience in higher education and tourism‑related projects, she specialises in transforming complex information into clear, reader‑friendly insights for both professional and general audiences. ​ Drawing on a background in bilingual Chinese–English translation and editing, Xenia writes across topics including Hong Kong and US stocks, market structure, macro trends and how policy shifts affect everyday investors.

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