Jobless rate flat at 2.8% in September-November

This translates to 110,800 unemployed persons.

Hong Kong’s labour market remained tight as unemployment levels were unchanged at 2.8% in September-November which is the same rate in August-October, according to the Census & Statistics department. 

The headline figure translates to 110,800 unemployed persons over the four-year period. 

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“The unemployment situation in most of the major service sectors showed improvements on a year-on-year basis. In particular, the unemployment rates of the retail, accommodation and food services sectors decreased visibly from a year earlier on the back of resilient local consumption demand and the strong performance of inbound tourism," Dr Law Chi-kwong, secretary for labour and welfare said in a statement.

The underemployment rate also held steady at 1.2% in September-November to 45,900 individuals. Total employment dipped to 3.87 million whilst the labour force fell to 3.98 million.