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    HK unemployment rate falls to 3.3 pct

    2012-05-18 09:03 Xinhua     Web Editor: Zhang Chan comment

    The seasonally adjusted unemployment rate of Hong Kong was 3.3 percent in the February-April quarter, down from 3.4 percent in the January-March period, the city's Census & Statistics Department announced Thursday.

    Hong Kong's total employment was 3,649,300, similar to the previous quarter, the department said, adding the underemployment rate decreased from 1.6 percent to 1.5 percent.

    Decreases in the unemployment rate were mainly observed in the cleaning and financing sectors. As for the underemployment rate, decreases were mainly seen in the decoration, repair and maintenance for buildings, and repair, laundry, domestic and other personal service activities sectors.

    The labor force was 3,774,100 in February-April, and 3,773,700 in January-March.

    The number of unemployed rose from 124,100 to 124,700, while the number of underemployed decreased from 58,600 to 57,500.

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