December 29, 2016
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 […]
August 30, 2016
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 […]
March 30, 2016
Youth I.D.E.A.S. 09 Employment and Economic Development Challenges and Opportunities : Hong Kong’s Role as a Super-connector 30 March, 2016 The Belt and Road Initiative (BRI) refers to the Silk Road Economic Belt and the 21st Century Maritime Silk Road. It is an important long-term foreign development strategy of China. The central government announced the co-operation and development principles of the BRI in 2013 in a bid to achieve connectivity and to seek common prosperity via enhancing co-operation among different countries and regions along the belt and road. The aggregate economic value of these places amounts to […]
December 30, 2015
Youth I.D.E.A.S. 05 Employment and Economic Development Enhancing the Conditions for Technology Start-ups 30 December, 2015 The number of technology business start-ups has recently seen an upsurge in Hong Kong as the start-up ecosystem has experienced continuous growth. According to a recent survey by Invest Hong Kong,[1] there were 1,912 start-up founders in 2015, a 71% increase from 2014, while the number of start-ups had risen to 1,558, a 46% increase from the previous year. Technology start-ups such as information technology businesses and e-commerce businesses in particular are very common. However, Hong Kong ranked 11th in The […]
July 30, 2015
Youth I.D.E.A.S. 01 Employment and Economic Development The Opportunities of Vocational Training for Youth Employment 30 July, 2015 There is a strong demand for staffing in Hong Kong. According to a paper on Manpower Projection produced by the Hong Kong Special Administrative Region (SAR) government, the total labour supply in 2022 is projected to fall short of the total requirements by 120,000. Local surveys also show that there are severe labour shortages in professional and technical roles in specific industries such as construction and health care. The situation is unlikely to be resolved in the foreseeable future. […]
