Drooid Logo
Back to today’s briefing

Story perspectives

Hong Kong Unemployment Rises Amid Economic Optimism

2/20/2026

28 6 Full Breakdown

1 of 1

Story summary
  • Hong Kong's unemployment rate rose to 3.9% in the Nov–Jan period, up from 3.8%, as about 138,400 people were unemployed due to job losses in insurance, construction, and finance sectors.
  • Secretary for Labour and Welfare Chris Sun said sustained growth should support the job market.
  • The underemployment rate remained steady at 1.7%.
  • Financial Secretary Paul Chan projected 3.2% economic growth in 2025, signaling cautious optimism for the year ahead.