HK unemployment rate remains 3.8 pc in November

Hong Kong's seasonally adjusted unemployment rate remained unchanged at 3.8 percent between September and November from the August-October period amid solid economic growth, meeting the market expectations, official data shows.

According to the Census and Statistics Department, the underemployment rate remained unchanged at 1.6 percent in these two periods.

Across different industry sectors, the movements in the unemployment rate and underemployment rate varied, but the magnitudes were generally not large, the government said.

Total employment fell by around 2,800 to 3,669,900, while the labor force declined by about 8,000 to 3,814,300.

The number of unemployed persons decreased by approximately 5,200, while the number of underemployed persons increased by 100.

Secretary for Labour and Welfare Chris Sun Yuk-han said the solid expansion of the Hong Kong economy and the improving consumer confidence should continue to render support to the overall labour market.