Hong Kong's unemployment rate remains at 3.1 pct

Source: Xinhua| 2017-09-18 21:34:04|Editor: ZD
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HONG KONG, Sept. 18 (Xinhua) -- The seasonally adjusted unemployment rate of Hong Kong stood at 3.1 percent in the June-to-August quarter, unchanged from the May-to-July period, the Census and Statistics Department of the Hong Kong Special Administrative Region government said on Monday.

The underemployment rate also remained unchanged at 1.1 percent during the same period, according to the department.

Total employment increased by 7,700 to 3,841,200 during the period, and the labor force rose by 9,500 to 3,971,200. There were 130,000 unemployed people and 45,200 underemployed people.

Hong Kong's Secretary for Labor and Welfare Law Chi-kwong said the labor market remains in full employment. "Both labor force and total employment continued to record strong year-on-year increases."

"While overall labor market conditions are expected to remain tight in the near term, we will stay vigilant to the potential impact of various external uncertainties," he added.

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