Jobless rate steady at 3.7% since start of 2026 but pressure mounting

Hong Kong’s jobless rate has remained unchanged since the start of the year, new figures show, although the labour chief has warned of rising pressure on unemployment as fresh graduates enter the workforce. The Census and Statistics Department said on Thursday that the seasonally adjusted unemployment rate stood at 3.7 per cent for the May-to-July period, remaining at that level on a rolling three-month basis since the start of 2026. Authorities said the economy was growing so fast that it...

By Leopold Chen