Results of the Employment Survey for July-September 2010

Information from the Statistics and Census Service (DSEC) indicated that the unemployment rate for July-September 2010 remained unchanged from the previous period (June-August 2010) at 2.9%; the underemployment rate rose by 0.1 percentage point to 1.6%. Total labour force was 329,600 in July-September 2010 and the labour force participation rate stood at 71.8%, up by 0.4 percentage point from the previous period. The employed population increased by about 2,700 over the previous period to 320,200, in which employment of the Gaming Sector and Wholesale & Retail Trade saw increase, while that of Restaurants & Similar Activities registered a decrease. Number of the unemployed held stable at 9,400, with 19.0% being fresh labour force entrants searching for their first job, up by 1.8 percentage points over the previous period. In comparison with July-September 2009, the labour force participation rate, the unemployment rate and the underemployment rate decreased by 0.2, 0.8 and 0.4 percentage point respectively. In the third quarter of 2010, the unemployment rate of local residents stood at 3.5%, up by 0.1 percentage point quarter-to-quarter; meanwhile, the labour force participation rate of local residents rose by 0.2 percentage point to 67.3%.

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