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Labour market data

3.8% unemployment and 45,380 vacancies: what should employers take from the figures?

The latest official figures checked as of 8 October. Unemployment and vacancies cover different periods: read them separately, then assess your own roles, pay and shifts.

Latest source release 2026-09-18 · Checked 2026-10-08 · Published 2026-10-08

3.8%Seasonally adjusted unemploymentJune–August 2026 · Provisional
1.9%Underemployment rateJune–August 2026 · Provisional
45,380Private-sector vacanciesJune 2026 · Surveyed industries

Check the reference periods first

The provisional June–August labour force figures were released on 17 September. Vacancy figures describe June and were released on 18 September. They cover different populations and periods and should not be directly subtracted. Hong Kong’s unemployed population is not a count of immediately available candidates for a particular role.

Fewer vacancies overall, but sectors differ

The seasonally adjusted unemployment rate for June–August was 3.8%, up 0.1 percentage point from the preceding moving three-month period. Underemployment was 1.9%. In June, private-sector establishments in the surveyed industries had 45,380 vacancies, down approximately 8% year on year using the rounded figure in the press release. Food and beverage services had 3,530 vacancies; vacancies in transportation, storage, postal and courier services rose approximately 4% year on year.

BLJ analysis: identify the hiring problem

Aggregate data cannot replace records for an individual vacancy. Review pay, shifts, transport, skills and retention to distinguish a mismatch in conditions from weak recruitment reach or a persistent shortage of suitable applicants. These figures alone do not establish that imported labour caused unemployment to rise or that every industry has a shortage.

Plan local recruitment and costs together

Start with local recruitment and training. If a genuine staffing gap remains, check the requirements of the applicable scheme. Estimate wages, accommodation, insurance and one-off expenses together, rather than comparing monthly pay alone.

What employers can do now

  1. List the roles, locations, shifts and pay you can offer.
  2. Record local recruitment responses, interview outcomes and reasons for staff departures.
  3. Use your actual quotations in the cost calculator before choosing a recruitment plan.

Sources and updates

C&SD: June–August 2026 unemployment and underemployment (17 September; Chinese) ↗

C&SD: June 2026 employment and vacancies (18 September; Chinese) ↗

Compiled by BLJ from the sources above. Our analysis is practical recruitment guidance, not an official interpretation. Refer to official sources for applicable conditions and subsequent corrections.