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HK Latest Jobless Rate Remains at 3.2%, In Line
Recommend 3 Positive 3 Negative 8 |
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According to the latest labor force statistics (i.e. provisional figures for January - March 2025) released today (22nd) by the Census and Statistics Department (C&SD), the seasonally adjusted unemployment rate stood at 3.2% in January - March 2025, same as that in December 2024 - February 2025, in par with street consensus. The underemployment rate also remained unchanged at 1.1% in the two periods. Looking ahead, the Secretary for Labor and Welfare, Chris Sun, said that the increasingly uncertain external environment due to escalated trade conflicts may weigh on hiring sentiment in some sectors. Nonetheless, the continued growth of the Mainland economy, supported by the Central Government's boosting policies, alongside the SAR Government's various policy measures to continuously promote economic growth and support enterprises, are expected to provide support to labor demand. The SAR Government will stay vigilant and continue to closely monitor the labor market situation. AAStocks Financial News |
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