Hong Kong Unemployment Rate Highest Since 2022

EthereumCraftsman · 2026-02-20T09:00:18+00:00

Hong Kong's unemployment rate rose to 3.9% in January 2026, with total unemployed increasing to 138,400. Youth unemployment slightly decreased. Economic growth may bolster the labor market, despite ongoing pressures in some sectors.

EthereumCraftsman

2026-02-20 09:00:18

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Hong Kong’s seasonally adjusted unemployment rate edged up to 3.9% in the three months ending January 2026, marking the highest level since September 2022 and up from 3.8% in the previous month. The number of unemployed rose by 200 to 138,400, while total employment fell by 1,100 to 3.67 million. Youth unemployment among those aged 20-29 eased to 7% from 7.1% in December, reaching its lowest level since June 2025. The underunemployment rate remained unchanged at 1.7%, while the labour force was broadly on a par with the level in the preceding three-month period. Looking ahead, sustained economic growth in Hong Kong is expected to support the overall labour market, though some sectors may continue to face employment pressures due to challenging operating conditions.

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