Hong Kong's Declining Workforce, Student Populations

Hong Kong doesn't have enough workers across all fields

In yet another sign that Hong Kong's population is decreasing, last year the city lost over 94,000 employees, the biggest drop in the working population since records began almost 40 years ago.

The downward trend has been happening since the 2019 protests and in the last four years some 220,500 workers have left Hong Kong. The drop has been exacerbated by baby boomers retiring at 60 or 65, and experts say the combination of these factors will continue for the next year or two.

Many workers left Hong Kong or retired

"Many of the people who were born in the 1960s, when Hong Kong was experiencing the post-war baby boom, have reached retirement age. Meanwhile, the city is also seeing many emigrate to other regions and countries," said Professor Paul Yip Siu-fai, associate dean of the University of Hong Kong's faculty of social sciences.

As a result there are 73,150 job vacancies in the private sector, a jump of 20 percent from last year.

The education industry is in dire need of people with 7,750 positions that need to be filled, followed by transport and logistics at 7,390 jobs. Human health services is third at 6,510 vacancies.

Hong Kong's official population figures show the population has dropped for a third consecutive year to 7,333,200, a 1 percent drop from 2021.

Schools with few students may need to close

And because of the falling population, at least two primary schools may close because they don't have the minimum of 16 students to stay open.

Pupils and teachers have been leaving Hong Kong during the school year, and that coupled with the declining birth rate has led to fewer Primary One classes. The actual number of Primary One classes won't be known until the school year starts.

However, it is worth considering that with the government's push to develop the Northern Metropolis, the area near the border with the mainland, there could be an increase in students there. The plan is to turn this area into a residential and tech hub with some 900,000 flats and up to 650,000 jobs.

"If we axe schools now, when the population of the district goes up again in the future, there will not be enough schools," says Chu Wai-lam, vice-chairman of the New Territories School Heads Association.