Hong Kong unemployment rate

Hong Kong unemployment rate: 3 (0%)
Last Update: April 30, 2024

Hong Kong unemployment rate closed down 3 as of April 30, 2024 from 3 from the previous month and 3 from last year.

Hong Kong unemployment rate Analytics & Data

Hong Kong unemployment rate

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Hong Kong unemployment rate closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Hong Kong unemployment rate

2024-04-30 3
2024-03-31 3
2024-02-29 2.9
2024-01-31 2.9
2023-12-31 2.9
2023-11-30 2.9
2023-10-31 2.9
2023-09-30 2.8
2023-08-31 2.8
2023-07-31 2.8
2023-06-30 2.9
2023-05-31 3
2023-04-30 3
2023-03-31 3.1
2023-02-28 3.3
2023-01-31 3.4
2022-12-31 3.5
2022-11-30 3.7
2022-10-31 3.8
2022-09-30 3.9
2022-08-31 4.1
2022-07-31 4.3
2022-06-30 4.7
2022-05-31 5.1

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Hong Kong unemployment rate Statistics

unemployment ratehk.unemploymentrate3.0300UPDown602024-04-30

Hong Kong unemployment rate Factors

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Hong Kong unemployment rate Historical Data

The MacroVar database offers free access to historical data for the Hong Kong unemployment rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Hong Kong unemployment rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Hong Kong unemployment rate

The Hong Kong unemployment rate refers to the percentage of the labor force in Hong Kong that is currently unemployed and actively seeking employment. It is an important economic indicator that reflects the health of the job market and overall economy. A low unemployment rate is typically seen as a sign of a strong economy, as it suggests that there are ample job opportunities available for those looking for work. Conversely, a high unemployment rate can indicate economic stagnation or downturn, as businesses may be cutting back on hiring or laying off workers. Policymakers and economists closely monitor the unemployment rate in Hong Kong to assess the state of the economy and make informed decisions about labor market policies.