The seasonally adjusted unemployment rate stood at 3.2% in the January to March period, same as that in December 2024 to February 2025, the Census & Statistics Department announced today.
The underemployment rate remained at 1.1%.
Total employment was 3,692,700, down 16,800 from December 2024 to February 2025, while the labour force also dropped 5,800 to 3,815,500.
The number of unemployed people increased from 111,700 to 122,800. Meanwhile, the number of underemployed people increased from 40,700 to 42,700.
Secretary for Labour & Welfare Chris Sun said the increasingly uncertain external environment due to escalated trade conflicts may weigh on hiring sentiment in some sectors.
Nonetheless, the continued growth of the Mainland economy, supported by the central government’s boosting policies, alongside the Hong Kong Special Administrative Region Government’s various policy measures to continuously promote economic growth and support enterprises, are expected to provide support to labour demand, he added.
