Source: Hong Kong Government special administrative region
The Labour and Welfare Bureau (LWB) today (September 22) published the report on the Mid-term Update of Manpower Projection. The report indicates that the overall manpower shortage in Hong Kong has been alleviated, benefiting from the various talent admission and labour importation measures implemented by the Government over the past three years. The overall manpower shortage is projected to narrow from the previous projection of approximately 180 000 to some 130 000 by 2028, while the manpower situation across most key industries remains tight, particularly for innovation and technology, aviation, construction, city operation and healthcare services.
The Secretary for Labour and Welfare, Mr Chris Sun, said, “This mid-term update reflects that talent admission and labour importation policies have effectively stabilised the labour force and alleviated the overall manpower shortage. However, manpower demand in certain industries remains acute. In response to the job reshaping driven by artificial intelligence (AI), the Government will continue to collaborate with all parties to formulate targeted measures. In addition to strengthening retraining mechanisms and providing flexible skill-conversion programmes for elderly and middle-aged employees, we will enhance the employment support for young graduates and explore incentives for employers and employees to engage in on-the-job retraining. The Government will adopt a multipronged approach to assist workers at all levels in equipping themselves to step into the new era of AI.”