Unemployment stands at 3.3% according to the latest figures from the HKSAR Government Census and Statistics Department. This seemingly positive news poses a particular problem for employers in Hong Kong.
Peter Yu, GM and Director, Randstad Hong Kong warned, “Hong Kong's employment statistics remain flat and this should worry employers at multiple human resource and economic levels. The tight labour market directly impacts companies' abilities to fill graduate training programmes, increases leadership and management change, affects growth planning, competitiveness and more. While many employers often try and fill positions from Hong Kong's local talent pool, there is now a lack of readily-available talent—meaning that workforce productivity can be dramatically affected until the position is filled.”
Paul Arkwright
Publisher
