Hong Kong Private-Sector Vacancies Fall 12% to 48,610 as Employment Slips 0.4%

1 articles · Updated · bastillepost.com · Jun 22

48,610 private-sector vacancies were recorded in March 2026, down 12% from a year earlier, while total employment in surveyed industries fell by 10,100 to 2.704 million.
Construction sites led the employment decline with manual workers down 9.0%, followed by import and export trade down 3.9%; retail, transport and wholesale also contracted.
Food and beverage services posted the biggest vacancies drop at 25%, with education down 17% and human health services down 22%, while financing and insurance was one of the few sectors to add openings.
Seasonally adjusted figures pointed to a mixed near-term trend: employment slipped 0.3% from December 2025, but vacancies edged up 1.6%, suggesting hiring demand stabilized despite weaker year-on-year totals.