The Employment Trends Centre provides a forecast of hiring activity for professional markets in Hong Kong and Southern China. It includes a snapshot of the latest employment figures, media interviews and the Michael Page Employment Index – a monthly hiring forecast based on a survey of senior human resources professionals.
Michael Page Employment Index August 2010
Leading Employment Indicators
Labour Force data
The seasonally adjusted unemployment rate increased from 4.4% in February-April 2010 to 4.6% (provisional figure) in March-May 2010. The underemployment rate declined from 2.1% to 2.0% (provisional figure). Increases in the unemployment rate were mainly observed in real estate, professional and business services, arts, entertainment and recreation, import/export trade, and retail sectors.
Source: Census and Statistics Department

Business Confidence
For all surveyed sectors taken together, more respondents expect their business situation to be better (33%), as compared to those expecting it to be worse (6%), in Q2 2010 over Q1 2010. The business outlook for Q2 2010 is more favourable when compared with the results of the previous survey round. The proportion of respondents expecting their business situation in Q2 2010 to be better than that in the preceding quarter has increased further to 33%, as compared with 29% in Q1 2010.
Source: Census and Statistics Department
Media Releases 2010
Employment Trends Commentary
Anthony Thompson - June 2010
Anthony Thompson – May 2010
Archived Commentary
- Launch of Michael Page Employment Index for Hong Kong and Southern China
Anthony Thompson - April 2009
Feedback welcome
If you have any feedback on the Michael Page Employment Trends Centre & Employment Index, please contact us via email at employmentindex@michaelpage.com.hk









