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Hong Kong jobless rate steady at 3.3 pct in Nov-Jan

24 Feb 2016, 11:32:09 AM

Feb 23 (Reuters) - Hong Kong unemployment data:

* HK jobless rate steady at 3.3 pct for November-January

* November-January underemployment at 1.4 percent vs 1.4 percent in October-December

KEY DATA

UNEMPLOYMENT (PCT) UNDEREMPLOYMENT (PCT) Nov-Jan 3.3* 1.4* Oct-Dec 3.3 1.4 Sep-Nov 3.3 1.3 Aug-Oct 3.3 1.4 Jul-Sep 3.3 1.4 Jun-Aug 3.3 1.4 May-Jul 3.3 1.4 Apr-Jun 3.2 1.4 Mar-May 3.2 1.4 Feb-Apr 3.2 1.3 Jan-Mar 3.3 1.4 Dec-Feb 3.3 1.5

* = provisional

KEY POINTS:

** The government has forecast 2015 GDP to rise 2.4 percent. COMMENTARY

"The labour market remained broadly stable in November 2015 - January 2016. The seasonally adjusted unemployment rate stayed at 3.3 percent for the seventh consecutive period. Both total employment and labour force registered further year-on-year growth, albeit only slightly," said Matthew Cheung, Secretary for Labour and Welfare.

On the short-term outlook, Cheung said, "While the labour market held largely stable in overall terms thus far, the near-term employment outlook remains clouded by a sluggish world economy and slackening inbound tourism. The recent ease-back in growth momentum of local consumption also warrants particular concern. In view of these developments, we will stay vigilant and monitor the labour market situation closely." LINKS:

To view the full details of the unemployment data, see the Hong Kong government website http://bit.ly/1OrTKq7

To read more on the Hong Kong economy, double click on .

For all of today's Asian economic data, please click . (Reporting by Twinnie Siu and Joy Leung in HONG KONG; Editing by Sunil Nair)

由CTgoodjobs.hk撮錄及編輯
資料來源:Reuters

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