Hong Kong jobless rate falls to 3.2 pct in Jan-March

April 21 (Reuters) - Hong Kong unemployment data:

* HK jobless rate falls to 3.2 pct for January-March

* January-March underemployment steady at 1.2 percent

KEY DATA

UNEMPLOYMENT UNDEREMPLOYMENT

(PCT) (PCT)

Jan-Mar 3.2 1.2

Dec-Feb 3.3 1.2

Nov-Jan 3.3 1.3

Oct-Dec 3.3 1.4

Sep-Nov 3.3 1.4

Aug-Oct 3.4 1.4

Jul-Sep 3.4 1.4

Jun-Aug 3.4 1.4

May-Jul 3.4 1.4

Apr-Jun 3.4 1.4

Mar-May 3.4 1.4

Feb-Apr 3.4 1.4

* = provisional

KEY POINTS:

** The government has forecast 2017 GDP to rise 2-3 percent.

COMMENTARY

"The labour market remained in a state of full employment

and tightened up somewhat in January - March 2017. The

seasonally adjusted unemployment rate edged down by 0.1

percentage point to 3.2 percent, a low level last seen in the

second quarter of 2014. Meanwhile, the underemployment rate

stayed at a three-year low of 1.2 percent," said Stephen Sui,

the Secretary for Labour and Welfare.

"Looking ahead, the labour market is expected to remain

tight in the near term. However, in view of the potential

impacts of various external uncertainties on the local economy

and employment situation, we will stay vigilant and monitor the

developments closely," Sui added.

LINKS:

To view the full details of the unemployment data, see the

Hong Kong government website http://bit.ly/2pKzKyz

To read more on the Hong Kong economy, doubleclick on

.

For all of today's Asian economic data, please click

.

(Reporting by Twinnie Siu in HONG KONG; Editing by Simon

Cameron-Moore)