Hong Kong’s jobless rate edged up by 0.1 percentage point over the past three months to 3.9 per cent after holding steady in the period between August and October last year, with unemployment rising in the insurance, construction and finance sectors. But labour authorities remained optimistic, saying the growing economy would support the job market…
Hong Kong’s retail sales rose 1 per cent last year after recording a 6.6 per cent year‑on‑year increase in December, with authorities saying that improving consumer sentiment and growth in visitor arrivals would continue to support the sector. Figures released by the Census and Statistics Department on Tuesday estimated that the value of December’s retail…
Hong Kong has its mojo back. The city’s economy grew 3.5 per cent last year, the fastest pace since 2021, according to an advanced estimate published by the Census and Statistics Department on January 30. A sharp increase in exports, the unexpected driver of growth in many Asian economies last year, was a key factor…
University graduates in Hong Kong are facing the gloomiest employment market since 2021, with the number of available jobs plunging by 55 per cent in 2025 and the average salary of new hires increasing by only 0.5 per cent year on year. A veteran human resources consultant attributed the sharp fall in entry-level jobs, which…
Hong Kong must maintain cash reserves to cope with geopolitical shocks and support long-term growth, even with a surplus expected in the government’s operating account this year, the financial secretary has said. Paul Chan Mo-po also said on Saturday that the city’s economy outperformed forecasts last year, lifted by strong exports to Southeast Asia and…
Hong Kong’s economy expanded by 3.5 per cent in 2025, marking the city’s third consecutive year of growth and surpassing an earlier forecast of 3.2 per cent. Advance estimates released by the Census and Statistics Department on Friday also showed gross domestic product (GDP) in the fourth quarter increased by 3.8 per cent compared with…
Hong Kong’s exports in 2025 rose by 15.4 per cent year on year to a “historical high”, with authorities expecting sustained global economic growth, improved ties with new markets and strong demand for artificial intelligence-enabled products to continue supporting the city’s trade. According to the Census and Statistics Department, the total value of Hong Kong’s…
Hong Kong’s unemployment rate held steady at 3.8 per cent over the past three months, with authorities expecting that stronger economic growth and local consumption will continue to support the labour market. Preliminary data released by the Census and Statistics Department on Tuesday showed that movements in the unemployment rate in different industry sectors varied…
Competition in the Hong Kong labour market intensified in the past year as the average number of applications per job advertisement soared by nearly 60 per cent, while the adoption of artificial intelligence (AI) took a toll on some positions, according to data from a popular online job platform. Jobsdb Hong Kong revealed on Monday…
Hong Kong’s exports posted their sharpest increase in 22 months, rising 18.8 per cent in November from a year earlier, driven by strong demand for electrical equipment, machinery and appliances, according to data released on Monday. The value of goods exported from the city during the month stood at HK$468.9 billion (US$60.3 billion), according to…