Hong Kong’s job market is showing signs of a recovery, with the financial services and technology sectors taking the lead in increasing headcount and salaries.
Recruitment consultancy Robert Walters said on Monday that it was cautiously optimistic about hiring prospects this year, with employers intending to increase their permanent and contract workforce.
The financial sector would be one of the sectors regaining momentum and leading the hiring growth, according to Robert Walters, which surveyed some 400 organisations and professionals in September.
“The confidence in the [finance] sector is anticipated to stimulate business activities in the local economy and subsequently drive demand for talent recruitment in other sectors,” it said, adding that the finance sector has seen a strong recovery since the second half of last year.
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Hong Kong’s unemployment rate has trended higher since the latter stages of the Covid-19 pandemic, which slowed the city’s economic recovery. While the city’s closed borders affected most sectors, the tourism and retail sectors bore the brunt.
