Story perspectives

Stable 3.8% Unemployment Amidst Economic Growth Prospects

1/21/2026

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Summary

Story summary

The unemployment rate remained stable at 3.8% over the past three months, per the Census and Statistics Department.
It is the second-highest rate since July–September 2022, when unemployment reached 4%.
Authorities expect economic growth and increased local consumption to support the labor market.
The underemployment rate rose to 1.7%, particularly in transport and information sectors.
Secretary for Labour and Welfare Chris Sun Yuk-han said the labor market should stay stable despite sector challenges.

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Story summary

The unemployment rate remained stable at 3.8% over the past three months, per the Census and Statistics Department.
It is the second-highest rate since July–September 2022, when unemployment reached 4%.
Authorities expect economic growth and increased local consumption to support the labor market.
The underemployment rate rose to 1.7%, particularly in transport and information sectors.
Secretary for Labour and Welfare Chris Sun Yuk-han said the labor market should stay stable despite sector challenges.