Jobless rate drops to 3.7%

April 23, 2026

The seasonally adjusted unemployment rate decreased from 3.8% in the three months from December 2025 to February 2026 to 3.7% in the period from January to March 2026, the Census & Statistics Department announced today.

 

The underemployment rate fell from 1.7% to 1.6% during the same period.

 

Total employment was 3,655,700, down 7,300 from the earlier three-month period, while the labour force dropped around 5,300 to 3,792,400.

 

Looking ahead, Secretary for Labour & Welfare Chris Sun said the sustained growth of the Hong Kong economy should underpin the overall labour market.

 

“The Government will continue to closely monitor the developments in geopolitical tensions and assess the potential implications for the labour market,” he added.

Back to top