7
July, 2020
Hong Kong
Current Employment Situation
Covid-19 Restrictions – July 2020
Workforce Statistics – Mar-May 2020 Employment Numbers by Industry (in '000s)
Hong Kong Employment Outlook – Manpower Employment Outlook Survey
Schools Reopened
Schools were reopened but they have subsequently been closed again.
Non-essential Shops Open
Bars and Restaurants Open
W hile these were re-opened, they have been closed again and group
gatherings have been limited to 2.
International Travel Allowed
Arrival Free of Quarantine
Total Labor Force
3.85m
Unemployed
230K
5.9%
1%
Since Dec 19- Feb 20
3%
Since Mar 19 –May 19
72%
Since 12/19- 02/20
102%
Since 03/19 – 05/19
Labor Force figures are based on a 3 month moving average
102
309
350
529
442
850
1,115
23
3.5
25.9
52.2
100.6
8.9
3.3
Manufacturing
Construction
Import /Export trade
Retail / Accomm/Food
Trans./Post /Information
Fin/Ins./Real Est/Bus. Serv
Public Admin/ Social %
Personal Serv
Other Industries
Q1 2020 Jobs lost since Q1 2019 (000s)
~31K jobs were added
~23K jobs were added
Total Openings Added During March 42,269* (-47% YOY)
Open Positions During March
#
YOY%
Change
Manufacturing 757 -69.6%
Manual Construction Workers 498 -42.6%
Import/Export Trade and Wholesale 4,076 -40.1%
Retail 3,048 -63.5%
Transport, storage, postal and courier services 2,591 -45.8%
Information and Communications 2,194 -25.6%
Financing and Insurance, Real Estate 8,213 -22.6%
Professional and business services 6,445 -36.2%
Social and personal services 11,395 -36.2%
*Selected Industries
Unemployment Rate by Age Group –
Mar- May 2020
15-19 years
16.1%
20-29 years
9.3%
30-39 years
4.7%
40-49 years
4.8%
50-59 years
6.5%
60 years plus
5.4%
Sources
https://www.manpowergroup.com/workforce-insights/data-driven-workforce-insights/manpowergroup-
employment-outlook-survey-results#%20
https://www.wantedanalytics.com/
https://www.censtatd.gov.hk/hkstat/
https://ourworldindata.org/policy-responses-covid
https://travel.state.gov/content/travel/en/traveladvisories/COVID-19-Country-Specific-Information.html