HK's Jobless Rate Falls To 5.1 Percent

Hong Kong's latest jobless rate fell to 5.1 percent, with the employment situation improving for most industries.

The government said around 191,400 people were jobless during the March to May period, 0.3 percentage points lower than the February to April period.

Officials said the employment situation improved for most sectors, especially construction, retail, accommodation and food services, as well as arts, entertainment and recreation industries.

The latest underemployment rate, meanwhile, was at 3.5 percent, down from 3.8 percent from the previous three-month period.

"Looking ahead, provided that the local epidemic remains under control, domestic economic activities and thus labour market conditions should continue to improve in the coming months," labour minister Law Chi-kwong said in a statement.