HK jobless rate flat at 3.1% in June - August

    Hong Kong's seasonally adjusted unemployment rate stood at 3.1% in June - August 2017, same as that in May - July 2017. The underemployment rate also remained unchanged at 1.1% in the two periods, according to the Census and Statistics Department.
  Comparing June - August with May - July, movements in the unemployment rate (not seasonally adjusted) in different industry sectors varied, but were all small in magnitude. As to the underemployment rate, an increase was mainly seen in the foundation and superstructure works of the construction sector while a decrease was mainly seen in the education sector. 
  Commenting on the latest unemployment figures, the Secretary for Labour and Welfare, Law Chi-kwong, said, "The labour market remained in a state of full employment, with the seasonally adjusted unemployment rate and underemployment rate staying at low levels of 3.1% and 1.1% in June - August respectively. Both labour force and total employment continued to record strong year-on-year increases." Looking ahead, Law said, "While overall labour market conditions are expected to remain tight in the near term, we will stay vigilant to the potential impact of various external uncertainties."