Hong Kong employers’ hiring sentiment rebounded sharply in the fourth quarter, with far fewer companies expecting to cut jobs as confidence improved alongside stronger economic growth, according to a ManpowerGroup survey.
The international human resources firm said the city’s seasonally adjusted net employment outlook rose to 14 per cent, up by 23 percentage points from minus 9 per cent in the third quarter of this year.
The outlook is calculated by subtracting the percentage of employers expecting to reduce staffing from the share planning to increase headcount.