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Hong Kong’s Unemployment Stays Steady At 3.1%

Hong Kong's unemployment stays steady at 3.1% despite global trade tensions.

Emma AscottbyEmma Ascott
December 18, 2024
in News
Reading Time: 1 min read
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Hong Kong's Unemployment Stays Steady At 3.1%

People walk in a street in Hong Kong, China October 17, 2019. REUTERS/Umit Bektas/File Photo

Hong Kong’s seasonally adjusted unemployment rate held steady at 3.1% in the September-November period versus the prior three-month period, the government said on Tuesday.

“The labour market should remain largely stable in the near term, though the situation in some sectors might be more affected by increased uncertainties in the global economy and escalation in trade tension,” Chris Sun, secretary for labour and welfare, said in a statement.

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(Reporting by Hong Kong Newsroom; Editing by Himani Sarkar)

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Source: Reuters
Tags: Asia-PacificProductivityWorkforce
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Emma Ascott

Emma Ascott

Emma Ascott is the Associate Editor for Allwork.Space, based in Phoenix, Arizona. She covers the future of work, labor news, and flexible workplace trends. She graduated from the Walter Cronkite School of Journalism and Mass Communication at Arizona State University, and has written for Arizona PBS as well as a multitude of publications.

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