Latest quarterly report reveals insights on labour force and employment trends in Q4 2023

114

29th February 2024 – (Hong Kong) The highly anticipated “Quarterly Report on General Household Survey” covering the period from October to December 2023 has been released, providing valuable insights into the labour force, employment, unemployment, and underemployment statistics for the final quarter of the year. This comprehensive report offers a detailed analysis of various aspects related to the workforce, shedding light on demographic characteristics, educational attainment, employment status, occupation, industry, weekly working hours, and monthly earnings, among other crucial factors. Additionally, it presents crucial data on the reasons behind individuals leaving their previous jobs and the duration of unemployment experienced by those currently without work.

The report serves as an authoritative source of information for policymakers, economists, and researchers, offering a comprehensive snapshot of the state of the labour market during this significant period. By examining the data provided, stakeholders can gain a deeper understanding of the prevailing labour force dynamics and make informed decisions to shape economic policies and employment strategies.

In particular, the report delves into the demographic makeup of the workforce, showcasing the age and sex distribution of workers, as well as their educational achievements. This data enables a comprehensive assessment of the skills and qualifications possessed by individuals in the workforce, facilitating targeted initiatives to address any gaps or imbalances.

Moreover, the report provides a detailed breakdown of employment status, occupation, and industry, offering valuable insights into the specific sectors driving job growth and the types of roles being created. This information empowers policymakers and businesses to identify emerging trends, make informed predictions, and develop strategies to foster a robust and sustainable labour market. Users can browse and download the report at the website of the Census and Statistics Department (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1050001&scode=200).