Hong Kong job openings hit 6-year low in 69% of sectors amid AI’s ascent

South China Morning PostEN 1 min read 100% complete by Theodora YuMarch 13, 2026 at 03:00 AM

AI Summary

short article 1 min

Hong Kong's fresh graduates face a challenging job market as 69% of sectors experienced a six-year low in job vacancies in 2023. According to the Joint Institution Job Information System, overall job vacancies fell to a five-year low of 30,798 in 2023, a 51.5% decrease from 2021. Experts attribute this trend to the rise of artificial intelligence and a sluggish economy. Sectors heavily reliant on AI, such as IT, customer service, and administrative roles, saw the most significant decline in openings. In the 2024-25 academic year, Hong Kong's eight publicly funded universities produced 29,676 graduates, with nearly 75% holding undergraduate degrees.

Key Entities & Roles

Key Player Opposition Context

Joint Institution Job Information System 60% Artificial Intelligence ×370% Hong Kong ×490%

Keywords

job openings 90% artificial intelligence 80% hong kong 70% graduates 70% job market 60% career prospects 50% economic impact 50% information technology 40%