Hong Kong’s jobless rate holds steady at 3.8% amid growth outlook

South China Morning PostCenter-RightEN 1 min read 100% complete by Oscar LiuJanuary 20, 2026 at 09:58 AM

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Hong Kong's unemployment rate remained stable at 3.8% between October and December, according to the Census and Statistics Department. While the underemployment rate saw a slight increase to 1.7%, primarily in the transportation and information and communications sectors, the overall jobless rate is the second highest since July-September 2022. The Secretary for Labour and Welfare, Chris Sun Yuk-han, anticipates the labor market will remain stable due to continued economic growth and a recovery in local consumption. However, he cautioned that some sectors may still face employment challenges due to difficult business conditions.

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Key Player Opposition Context

Census and Statistics Department 60% Chris Sun Yuk-han 70% Hong Kong ×290%

Keywords

unemployment rate 100% hong kong 90% economic growth 80% labour market 70% local consumption 70% underemployment rate 60% industry sectors 50% business conditions 40%