Unemployment steady at 2.8%

May 20, 2019

The seasonally adjusted unemployment rate stood at 2.8% in the February-April period, unchanged from the January-March period, the Census & Statistics Department announced today.


The underemployment rate also remained unchanged at 1% in the two periods.


Total employment increased by 4,600 to 3,865,000 and the labour force also increased by 6,500 to 3,977,300 in the February-April period.


The number of unemployed people rose by 1,900 to 112,300 while the number of underemployed people decreased by 900 to 38,000.


Secretary for Labour & Welfare Dr Law Chi-kwong said the labour market stayed tight and the unemployment situation improved in many major service sectors compared with a year earlier.


"The labour market is expected to remain largely stable in the near term. Nevertheless, given the still challenging external environment, the Government will keep a close watch over the development of the local labour market."

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