Hong Kong's jobless rate fell to 3.3% in the three-month period ended November on falls in unemployment in the professional and business services sector.
The seasonally adjusted jobless rate edged down after staying at 3.4% in the previous eight reporting periods, according to data released Monday by the Census and Statistics Department.
The figure was below a 3.4% forecast by economists surveyed by The Wall Street Journal.
Matthew Cheung, secretary for labor and welfare, said the labor market continued to show resilience and remained at a level of full employment, adding that unemployment in consumption-related and tourism-related areas was unchanged, reflecting a stabilization of inbound tourism.
"Labour market condition looks setto remain tight in the short term. Yet, the outlook beyond the near term continues to be overshadowed by a highly uncertain external environment, with potential impact on the local economy," he said.
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(END) Dow Jones Newswires
December 19, 2016 04:01 ET (09:01 GMT)
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