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Hong Kong’s seasonally adjusted unemployment rate remained unchanged at 3.8% in the three months ending December 2025, marking the third consecutive month at this level. The number of unemployed fell by 6,200 to 138,200, while total employment edged down by 2,900 to 3.67 million. Youth unemployment among those aged 20–29 eased to 7.1% from 7.6% in November, reaching its lowest level since June 2025. The underemployment rate rose to 1.7% in December from 1.6% in November, driven by gains in the transportation and information & communications sectors, while easing in the cleaning and related activities sector. Looking ahead, Hong Kong’s labour market is expected to remain stable amid ongoing economic growth and improving consumer sentiment, though some sectors may continue to face challenges.