Employment and the Economy

Youth I.D.E.A.S. 31 Employment and Economic Development Encouraging Young-Olds Employment 26 June, 2018     The world is currently facing the problems of an aging population and a shrinking labour force.  The International Labour Organization (ILO) points out that two billion people will be aged 60 or over by 2050.  This means that there will be a change in labour supply, and many industries will have to attract more workers from the older sections of the population.  The ILO proposes that policies should be formulated to provide post-retirement opportunities to retrain older workers so they can perform other jobs in […]

Youth I.D.E.A.S. 27 Employment and Economic Development e-Sports in Hong Kong 30 January, 2018     e-Sports consists of organised video game competitions that include elements of both video game and sports.  It is a popular activity among young people today.  Participants may watch or take part in competitions.   According the to the Global e-Sports market report, the global e-Sports audience has reached 385 million in 2017 and will reach 589 million in 2020[1].  The Olympic Council of Asia has also announced that e-Sports will become a medal event in the 2022 Hangzhou Asian Games[2].   Because of its […]

    Youth I.D.E.A.S. 21 Employment and Economic Development Challenges and Opportunities Facing the Development of Creative Craftsmanship in Hong Kong 27 April, 2017     The world is currently facing the problems of an aging population and a shrinking labour force.  The International Labour Organization (ILO) points out that two billion people will be aged 60 or over by 2050.  This means that there will be a change in labour supply, and many industries will have to attract more workers from the older sections of the population.  The ILO proposes that policies should be formulated to provide post-retirement opportunities […]

  Youth I.D.E.A.S. 17 Employment and Economic Development Flexible Employment of Today’s Youth 29 December, 2016     Flexible employment has become popular across the globe.  According to a survey conducted by the workforce management solutions company Kelly Services in 2015,[1] 31% of workers around the world are forsaking the traditional model of employment to pursue free agency, a form of flexible employment.  Free agents represent 34% of the workforce in the Asia-Pacific region.   This Study estimates, based on the figures of the Census and Statistics Department, that there were roughly 523,700 flexi-workers in Hong Kong in 2015, representing […]

    Youth I.D.E.A.S. 13 Employment and Economic Development Diversifying Hong Kong’s Attractions to Boost Tourism 30 August, 2016     Tourism is one of the four key industries in Hong Kong.  In 2014 it generated value added of HK$112.5 billion, which equates to 5.1% of Gross Domestic Product (GDP),[1] and employed 270,000 workers.  It is a significant driving force of Hong Kong’s economic growth.   The number of visitors to Hong Kong has seen double-digit growth since 2010.  However, there was a decrease of 2.5%, to 59.31 million arrivals, in 2015, and visitor numbers dropped further in the first […]