{"id":1285,"date":"2023-06-26T16:54:31","date_gmt":"2023-06-26T11:24:31","guid":{"rendered":"https:\/\/www.dss-hr.com\/blog\/?p=1285"},"modified":"2023-06-26T16:54:31","modified_gmt":"2023-06-26T11:24:31","slug":"hong-kong-recruiting-27000-foreign-workers-to-relieve-labor-pinch","status":"publish","type":"post","link":"https:\/\/www.dss-hr.com\/blog\/hong-kong-recruiting-27000-foreign-workers-to-relieve-labor-pinch","title":{"rendered":"Hong Kong Recruiting 27,000 Foreign Workers to Relieve Labor Pinch"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">According to a recent report, Hong Kong will relax entry requirements for 27,000 foreign workers to fill a labor gap in the financial center. On June 13, the administration unveiled its strategy to increase employment in fields with significant labor shortages, which included establishing quotas for tens of thousands of foreign employees in sectors ranging from aviation to construction.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">At a news conference outlining the strategy, Chris Sun, secretary of labor and welfare, emphasized that the labor force is &#8220;the linchpin to our economic development.&#8221; Chief Executive John Lee had already previewed the plan earlier in the day and had expressed concern about potential dangers to the city&#8217;s economy and competitiveness owing to a &#8220;serious labor crunch.&#8221;<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Since the elimination of pandemic limits, business has soared in Hong Kong, but there are not enough workers for the services and other sectors. According to economists, the issue is structural and caused by the city&#8217;s immigration policy and a declining local workforce.<\/span><\/p>\n<p style=\"text-align: justify;\"><b>Additional Read: <\/b><a href=\"https:\/\/www.dss-hr.com\/blog\/the-departure-of-more-than-500000-workers-put-the-uk-economy-in-danger\"><b>The Departure of More than 500,000 Workers Put the UK Economy in Danger<\/b><\/a><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">According to Bernadette Linn, the development secretary, the new plan includes hiring quotas for up to 12,000 foreign employees in the construction industry. The city&#8217;s airport was running 32% leaner than before the epidemic at the beginning of 2023. It indicated that Hong Kong lacked the personnel to assist with passenger check-in, baggage management, or catering. After supervising significant reductions in employment, wages, and working conditions during the pandemic, flag carrier Cathay Pacific Airways Ltd. has also had a persistent workforce shortage.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Beginning in July 2023, the city anticipates receiving applications for positions in the construction and transportation industries. Processing those applications could take up to two months. There will be applications for positions in the remaining 26 sectors, which are covered by this program.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">According to Wong, the worker quotas might be used up completely by 2024. He said many are from the Chinese mainland. As a result of opening its borders, Hong Kong&#8217;s economy had a strong first-quarter expansion and came out of recession. Economists anticipate the economy will grow faster, reaching 4.6% in 2023.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">If you are an organization looking to hire skilled workers overseas, we at Dynamic Staffing Services can help you recruit the best talent in the industry. Additionally, you can follow the most recent trends, news, and job updates by subscribing to our newsletter. Contact us today at +44-7477196844 or email enquiry@dss-hr.co.uk, and let&#8217;s discuss your recruitment challenges and how we can help you overcome those.<\/span><\/p>\n<p style=\"text-align: justify;\"><b>Contact us today:\u00a0 <\/b><a href=\"https:\/\/www.dss-hr.com\/blog\/\"><b>Dynamic Staffing Services<\/b><\/a><b>!<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to a recent report, Hong Kong will relax entry requirements for 27,000 foreign workers to fill a labor gap in the financial center&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":1286,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[86,369,368,367],"class_list":["post-1285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uk-news","tag-dynamic-staffing-services","tag-hire-skilled-workers-overseas","tag-hong-kong-recruiting-27000-foreign-workers","tag-hong-kong-recruiting-27000-foreign-workers-to-relieve-labor-pinch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hong Kong Recruiting 27,000 Foreign Workers to Relieve Labor Pinch | Dynamic Staffing Services<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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