Hong Kong’s employment outlook rebounds sharply to 14% in fourth quarter

Hong Kong employers’ hiring sentiment rebounded sharply for the fourth quarter, with far fewer companies expecting to cut jobs as confidence improved alongside stronger economic growth, according to a ManpowerGroup survey.

The international human resources company said the city’s seasonally adjusted net employment outlook rose to 14 per cent, up 23 percentage points from minus 9 per cent in the previous quarter.

The outlook is calculated by subtracting the percentage of employers expecting to reduce staffing from the share planning to increase headcount.