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<Econ>HK Latest Unemployment Rate Holds at 3.7%, In Line
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According to the latest labor force statistics (i.e. provisional figures for March - May 2026) released by the Census and Statistics Department (C&SD), the seasonally adjusted unemployment rate stood at 3.7% in March - May 2026, same as that in February - April 2026, in alignment with the street consensus. The underemployment rate also remained unchanged at 1.5% in the two periods. Commenting on the latest unemployment figures, the Secretary for Labour and Welfare, Chris Sun, said that the seasonally adjusted unemployment rate stayed at 3.7% in March - May 2026, same as that in the preceding three-month period. The underemployment rate also remained unchanged at 1.5%. Over the same period, the labour force and total employment decreased slightly. Looking ahead, Sun said that the ongoing economic expansion should continue to render support to the overall labour market. The Government will continue to closely monitor the evolving external uncertainties and their potential implications on the Hong Kong economy. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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