The seasonally adjusted unemployment rate in Hong Kong from April to June was 3.7%, and the underemployment rate rose slightly by 0.1 percentage points

The Zhitong Finance App learned that on July 17, according to the latest labor force statistics published by the Hong Kong Government Statistics Department (that is, provisional figures for April to June 2026), the seasonally adjusted unemployment rate from April to June 2026 was 3.7%, which is the same as the figure for March to May 2026. The underemployment rate rose from 1.5% from March to May 2026 to 1.6% from April to June 2026.

Compared with March to May 2026, the unemployment rate (not seasonally adjusted) in various industries varied from April to June 2026. The decline was mainly seen in the import and export trade industry, food service activities, and real estate industry; the increase was mainly seen in the manufacturing industry, and the warehouse and transportation support activities.

In terms of underemployment, the increase was mainly seen in the warehousing and transport support industry, construction industry, and professional and commercial services (excluding cleaning and similar activities).

The total number of employed people rose from 36,39,300 from March to May 2026 to 36,46,100 from April to June 2026, an increase of about 6,800. The total working population also rose from 37,80,300 to 378,5,800 during the same period, an increase of about 5,500.

The number of unemployed (not seasonally adjusted) fell from 141,100 from March to May 2026 to 139,700 from April to June 2026, a decrease of about 1,400. The number of underemployed people rose from 56,800 to 62,400 during the same period, an increase of about 5,600.

Commenting on the latest unemployment figures, the Secretary for Labour and Welfare of Hong Kong, Sun Yuhan, said that the seasonally adjusted unemployment rate from April to June 2026 remained at 3.7%, the same as in the previous three-month period. Meanwhile, the underemployment rate rose slightly by 0.1 percentage points to 1.6%. There was a slight increase in the working population and total number of employed persons during the same period.

Looking ahead, Sun Yuhan said that Hong Kong's continued economic growth should continue to support the overall labor market, but the participation of fresh graduates and school leavers in the labor market during the summer may have some impact. The Government will also closely monitor the potential impact of uncertainties in the surrounding environment on companies' recruitment intentions.