Hong Kong on the path of job growth in Transport and Utility sectors
Based on a recent employment trend survey for the third quarter, the Job Sector in Hong Kong will get a boost. The transport and utilities sector has the strongest Job Hiring Plan, for over a decade now.
As per the survey there is a level of optimism. Moreover, the gains in positive payroll in the upcoming quarter, floated by a Strong Hiring Plan in these two sectors will deliver positive and far reaching results. The survey also reported a steady quarter for China, and the hiring sentiment is stable relatively in comparison to the preceding quarter. Additionally the Chinese employers showed a minor yearly decline. There was moreover a strong growth sectors in insurance, transport, finance, real estate and utilities, on the Mainland. There was a decline in the mining and construction sector.
As per the report the most optimistic labor market in Asia Pacific is Japan, in the previous four quarters. There was a decline in the hiring prospects in comparison to the same time last year.
Taiwanese employers had a humble improvement in the second Quarter. They also expect a healthy gain in payrolls in the next Quarter. The reason is a strong hiring plan in the mining and construction sectors. Besides there will growth in the wholesale and retail trade sector also.
The survey also stated: that the employers in Singapore expect a steady payroll growth in the next three months. Moreover, there are reports of a stable hiring plan. In the approaching quarter, Singapore employers in education and public administration sector anticipate a busy labor market.
The scenario in Australia
Australia also presents an optimistic scenario. Additionally, the employers report a strong hiring intention after seven years, owing to the transport, services and utilities sectors. Finally there is a likelihood of decline in the finance, real estate and insurance sectors
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