TREE NEWS reports: Hong Kong’s Labour and Welfare Bureau said in its interim Manpower Projection Update on September 22 that the territory’s overall labour shortfall will narrow to about 130,000 by 2028 from roughly 180,000 in the previous projection, helped by three years of talent attraction and labour importation measures. It said most key industries remain tight, with innovation and technology, aviation, construction, city operations and healthcare notably affected.
Hong Kong Projects 130,000 Labour Shortage by 2028
The revision matters less for its headline number than for what it concedes: the shortfall is narrowing through policy, not through the labour market healing, and the tightest categories are precisely the ones tied to Hong Kong's positioning in technology and infrastructure. That keeps wage pressure and imported-labour politics live in the same sectors where RWA and fintech buildouts are competing for talent. Whether the projection keeps improving as attraction schemes mature, or stalls once the easy inflows are exhausted, is the open question.
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