Hong Kong’s latest unemployment rate drops to 3.8%

閱讀中文版本

• The underemployment rate remained unchanged at 1.7%.
• The unemployment rate fell more notably in the retail, accommodation services, and foundation & superstructure sectors.
• The Government will continue to closely monitor on external uncertainties will affect corporate hiring sentiment.

Hong Kong’s seasonally adjusted unemployment rate decreased from 3.9% in November 2025 - January 2026 to 3.8% in December 2025 - February 2026, according to the latest labour force statistics released by the Census and Statistics Department (C&SD).

The underemployment rate, meanwhile, remained stable at 1.7% in the two periods.

On a non-seasonally adjusted basis, the unemployment rate declined across many major economic sectors, with more distinct decreases in the retail sector, accommodation services sector, and foundation and superstructure sector.

Movements in underemployment varied across industries, though overall changes were generally modest.

Have a look at the latest labour force statistics as follows:

Secretary for Labour and Welfare Chris Sun said the sustained growth momentum of the Hong Kong economy should continue to support the overall labour market, though certain local sectors may still face challenges due to their business performance.

“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.