Nearly 6 in 10 Hong Kong bosses are on hiring spree until August

Recruitment jitters are haunting employers.

According to the jobsDB Q1 2013 Hiring Index,  59% of Hong Kong employers intend to hire staff in the coming three months, down 4% from Q4 2012. Only 2% plan to cut headcount.

Mr. Justin Yiu, General Manager of jobsDB Hong Kong, comments, “The decline in hiring intentions shows that employers are adopting a cautious recruitment strategy as a result of the weak economic recovery in Europe and the US. Despite the sluggish external economy, we can see the recruitment market in Hong Kong remained steady in the past three months.

Overall speaking, the career market is supported by vacancies generated from employee turnover after bonus payout and sustained strong labour demand for certain industries such as retail, and food and beverage. In May, the number of vacancies posted on jobsDB has shown a marked growth, reflecting the demand for talent is still high.”