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Hong Kong's unemployment rate steady at 3 pct
Last Updated: 2017-12-19 09:50 | Xinhua
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Hong Kong's seasonally adjusted unemployment rate stood at 3 percent in the September-November quarter, unchanged from the August-October period, the Census & Statistics Department of China's Hong Kong Special Administrative Region (HKSAR) Government said on Monday.

During the period, Hong Kong's underemployment rate remained unchanged at 1.1 percent; total employment increased by 3,200 to 3,840,300; and the labor force decreased by around 2,700 to 3,958,000, according to the department.

There were 117,800 unemployed people and 41,600 underemployed people.

Law Chi-kwong, Secretary for Labor & Welfare of the HKSAR government said labor market conditions would likely remain tight in the near term given the generally favourable macroeconomic environment.

Law said the government will stay tuned to various uncertainties in the external environment and developments in the local labour market.

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