Unemployment rate drops to 3.8%

March 18, 2026

The seasonally adjusted unemployment rate decreased from 3.9% in the three months from November 2025 to January 2026 to 3.8% in the period from December 2025 to February 2026, the Census & Statistics Department announced today.

 

The underemployment rate remained at 1.7%.

 

Total employment was 3,663,000, down 2,900 from the earlier three-month period, while the labour force dropped around 6,600 to 3,797,700. 

 

Looking ahead, Secretary for Labour & Welfare Chris Sun said Hong Kong economy's sustained growth momentum should continue to support the labour market overall, although employment situations in some local sectors may still face challenges. 

 

“The Government will stay vigilant to the development of various external uncertainties, closely monitoring for any implication on corporate hiring sentiment in relevant sectors,” he added.

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