Hong Kong Q1 Unemployment Rate at 3.7%

(Central News Agency reporter Chang Chien, Hong Kong, 23rd) Hong Kong's unemployment rate for the latest quarter stands at 3.7%, slightly lower than the 3.8% recorded in the previous quarter.

The Hong Kong Census and Statistics Department released data for January to March today, showing that during this period, total employment was 3.6557 million, a decrease of about 7,300 people; the total labor force was 3.7924 million, a decrease of about 5,300 people.

Hong Kong Secretary for Labour and Welfare Chris Sun stated that both the labor force and total employment saw slight declines during the same period. Looking ahead, Hong Kong's continued economic growth should provide support for the overall labor market. The government will continue to closely monitor developments in the geopolitical situation and assess its potential impact on the labor market. (Editor: Yang Sheng-ju) 1150423

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