78
February, 2021
Key Sources:
https://www.ilo.org/
https://data.worldbank.org/
https://migrationdataportal.org/
https://www.un.org/development/desa/pd/
https://vivoclinic.com/
https://travel.state.gov/content/travel/en/traveladvisories/COVID-19-Country-Specific-Information.html
https://www.theguardian.com/world/2021/feb/25/number-of-hong-kong-residents-moving-to-taiwan-nearly-
doubles-in-2020
https://www.theguardian.com/world/2021/feb/01/hong-kong-migration-agents-report-rush-inquiries-uk-visas
https://www.statistics.gov.hk/
https://www.forbes.com/sites/oliverwilliams1/2020/08/28/expat-broke-and-remote-why-foreign-workers-are-
coming-home/?sh=4afd5a26319f
Hong Kong
Total Workforce (000s) Q4 '20
3,893
Unemployed Workers (000s) 273
Unemployment Rate 7.0%
Youth Unemployment Rate 10.7%
1,033
2,938
564
184
1,978
800
19 years or Under
Prime Working Age
(20 -64 years)
65 years+
Local Born Foreign Born
Population In Thousands
1,974
1,975
1,924
1,912
1,941
1,995
1,974
1,959
1,950
1,944
2.9% 3.3%
4.2%
6.2%
6.4%
2019Q3 2019Q4 2020Q1 2020Q2 2020Q3
Male Labor Force Female Labor Force Unemployment Rate (%)
67.1% 67.0%
65.9%
65.7%
66.4%
55.1%
54.5%
54.3% 54.3% 54.0%
2019Q3 2019Q4 2020Q1 2020Q2 2020Q3
Male Participation Rate Female Participation Rate
40% of Hong Kong's population is foreign born. 1 million people
from Hong Kong have emigrated.
Hong Kong's population decreased by more than 46,000 during
2020 driven by both civil unrest and Covid-19.
ꟷ Taiwan has issued 10,000 residence permits to people from
Hong Kong.
ꟷ The UK has offered visas to 5 million people from Hong
Kong. The UK Home Office expects that 300,000 will
emigrate.
ꟷ In the first half of 2020, professional job visas issued
decreased by more than 60%.
Almost 55% of the population is female.
200 Covid-19 deaths.
Borders are closed to all with the exception of
residents from China, Macau and Taiwan and
some exceptions. Tests and quarantine are
required.
Non-essential shops are open.
Most schools are closed with students learning
on-line.
Impact of Covid-19 on Labor Force Over Time
Labor Force Participation Rates by Gender
Migration
Migration
Migrant Stock by Working Age (June 2020)
Latest Labor Force Statistics
Workforce
Labor Force Employed and Unemployed by Gender
Covid-19 – Daily Confirmed Cases
(7 Day Average)
Covid-19 Restriction Update (End of February 2021)
Covid-19 Update and Restrictions
Employed W orkers in Thousands