Hong Kong's seasonally adjusted unemployment rate stood at 2.9% in January - March 2018, same as that in December 2017 - February 2018. The underemployment rate also remained unchanged at 1% in the two periods, according to the Census and Statistics Department.
Comparing January - March 2018 with December 2017 - February 2018, movements in the unemployment rate (not seasonally adjusted) in different industry sectors varied. The underemployment rate (not seasonally adjusted) in different industry sectors also showed different movements over the two periods.
Looking ahead, the Secretary for Labour and Welfare, Law Chi-kwong, said, "In the near term, labour market conditions will likely remain tight amid the generally favourable economic situation. Nevertheless, we will stay tuned to various external developments and their potential impact on the local labour market."
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