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Hong Kong's unemployment rate held at 3.7%, with 151,000 jobless, as labor force grew despite sectoral challenges.
Hong Kong's unemployment rate held steady at 3.7% from June to August, with the number of unemployed rising to 151,000.
The underemployment rate increased to 1.6% from 1.4%, and total employment grew to 3.68 million.
Despite sectoral challenges in food and beverage, manufacturing, construction, and professional services, the labor force expanded to 3.83 million.
Government efforts to stimulate economic growth and consumption are expected to sustain labor demand, while new measures may restrict foreign labor imports and expand public works to boost jobs.
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La tasa de desempleo de Hong Kong se mantuvo en el 3,7%, con 151.000 desempleados, ya que la fuerza laboral creció a pesar de los desafíos sectoriales.