Survey shows signs of recovery in Hong Kong's third-quarter job market

China New Society Hong Kong Ten mid-spring 15th Electricity The Hong Kong employment market has improved slightly in the third quarter of this year and the recruitment desire for the fourth quarter will continue to increase, according to a survey released by the Institute of Human Resources Management on 15th. From October to November, the Hong Kong Institute of Human Resources Management interviewed 114 companies by questionnaire, and the comprehensive data showed that the overall turnover rate of Hong Kong in the third quarter of this year was 2.72%, although it fell by 1.51 percentage points from the same period last year, but it rose by 1.09 percentage points from the previous quarter.　　Among them, property development, real estate, the construction industry recorded the highest rate of employee turnover, followed by the retail trade. The overall uniform vacancy rate for Hong Kong in the third quarter was 1.85%, down 1.92 percentage points from a year earlier, but slightly above 0.22 percentage points over the previous quarter.　　Among them, the community, the community and the personal services sector recorded the highest vacancy rates, followed by property development, real estate and construction. The survey also reflected a net increase of 0.56% in the third quarter, up 0.21 percentage points from the previous quarter, and 0.05 percentage points higher than the same period last year.　　The net growth in the community, social and personal services sector was the highest, followed by financial services, banking and insurance. The Hong Kong Institute of Human Resources Management says the survey also collects speculative data that reflect the desire of companies to recruit for the season. Only 28.2% of the respondents said they had suspended recruitment in the fourth quarter of this year, representing a significant decline in the 49.1% recorded in the previous quarter.　　In addition, 47.3% of the companies said that they would maintain the recruitment programme unchanged, and 20.9% said they would recruit more staff, with the strongest recruitment intentions in the financial services, banking and insurance sectors, and over 50% to increase their manpower in the fourth quarter. Huang, president of the Hong Kong Institute of Human Resources Management, said that as economic activity increased and more vacancies were created, the results of the survey showed that the employment market figures in the third quarter had improved compared with the first two quarters of this year. However, as the wastage rate and vacancy rate are still low and the market is affected by the seasonal slowdown in the year-end and Lunar New Year, it is assumed that the job market will take some time to catch up with the pace of economic recovery. Finish)