Economic Indicators

Hong Kong’s January-March unemployment eases to 3.1%

2023.04.24 06:56


© Reuters. FILE PHOTO: Job seekers wearing face masks fill in forms at the Wan Chai Job Fair, following the coronavirus disease (COVID-19) outbreak, in Hong Kong, China October 29, 2020. REUTERS/Tyrone Siu

HONG KONG (Reuters) – Hong Kong’s seasonally adjusted unemployment rate eased to 3.1% in the January to March period, improving for the eleventh consecutive quarter as economic activity continued to pick up, the government said on Monday.

In the December to February period, the unemployment rate stood at 3.3%.

“The labour market should improve further alongside the continued revival of domestic economic activities and inbound tourism,” the government said.

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