Hong Kong May-July Unemployment Rate Steady at 3.1%; Below Expectations

By Chester YungFeaturesDow Jones Newswires

Hong Kong's unemployment rate for the May-July period was steady at 3.1% amid tight labor market and an improvement in tourism, the Census and Statistics Department said Thursday.

The seasonally adjusted jobless rate was unchanged from the April-June period, and was below the median 3.2% forecast of four economists surveyed by The Wall Street Journal.

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Write to Chester Yung at chester.yung@wsj.com

(END) Dow Jones Newswires

August 17, 2017 05:00 ET (09:00 GMT)