March 15, 2021

Tackling Hong Kong’s Brain Drain

The Youth I.D.E.A.S. announced its latest report on “Tackling Hong Kong’s Brain Drain”   The Youth I.D.E.A.S. (established by HKFYG Youth Research Centre) has released its study on “Tackling Hong Kong’s Brain Drain”.   Data gathered from 1,135 Hong Kong young talents aged below 35 showed that 24.2% of them were planning on leaving to work elsewhere. Among those who work in the four pillar or five high-potential industries, 29.5% had the same thought.   A certified information system auditor interviewed said the ideal development prospects of Fin Tech in the United States, coupled with the fairer promotion opportunities based […]
March 15, 2021

Tackling Hong Kong’s Brain Drain

  Youth I.D.E.A.S. 58 Economics Tackling Hong Kong’s Brain Drain 14 March, 2021     A talent cluster is one of the key elements in promoting economic growth and social development. Human resources have been the most important asset of Hong Kong in this respect. According to the Report on Manpower Projection to 2027 released by the Labour and Welfare Bureau, the labour force of Hong Kong continues to decline but the overall workforce demand continues to rise. The demand for workers with a bachelor’s degree or above will have increased by 310,000 by 2027, leading to a shortage of […]