Hong Kong Unemployment Remains Unchanged as Economy Improves
Pedestrians on a footbridge in Hong Kong, China.
Photographer: Lam Yik/BloombergThis article is for subscribers only.
Hong Kong unemployment rate was unchanged in May even as economic growth improved and the city faces labor shortages in some industries.
The jobless rate was 3% in the three months through May, same as the February-April period, according to data from the Census and Statistics Department released Monday. That was slightly higher than the median estimate of 2.9% in a Bloomberg survey of economists.