Unemployment refers to people who are available for work but are not employed and have tried to seek for jobs during the previous four weeks. Unemployment can also be subdivided into classical unemployment, frictional unemployment, structural unemployment, cyclical unemployment, seasonal unemployment and long-term unemployment. Unemployment lowers the living standard and creates financial burden to the unemployed people. It also increases mental stress and lowering the self-esteem. In this report, recent structural unemployment situation of Hong Kong is first discussed, then government policies and their effectiveness are focused.
2. Topic Definition/ Justification
Structural unemployment represents a type of unemployment happens when industrial transformation takes place. Development or changes of policies and economic structure will also lead to structural unemployment. Unemployed people will need to enhance their skills or to further study, so that they can meet the hiring requirements. (Nallari, 2010)
Before 20th century, Hong Kong was a small village which depended on fishery. Then the manufacturing industry started to develop. During the 50s and 60s, it was the heyday of manufacturing industry (Carroll, 2013). As refugees came from mainland to escape from the civil war in China, the great increase of labor force fulfill this industry. Most of the factories manufactured wigs, plastic flowers, garments...etc., and most of them brought family business to here. The Hong Kong industry started shifting since 80s when the mainland started reform and opening up policy and capital and factories were moved to mainland. (HULU Culture , 2011)
Structural Unemployment occurred at this time. Today, there are lots of labo...
... middle of paper ...
... 2012, Implementation of the Pilot Employment Navigator
Programme . Hong Kong: Legislative Council.
Legislative Council Secretariat . (2013). The Latest Development of the Employment Services. Hong
Kong: Legislative Council.
Mutikani, L. (2009, 10 9). Structural unemployment crisis stalking U.S. economy. Retrieved from Reuters: http://www.reuters.com/article/2009/10/06/businesspro-us-usa-economy-unemployment-idUSTRE5955NE20091006
Nallari, R. (2010, 09 23). Factors in Structural Unemployment. Retrieved from blogs.worldbank.org: http://blogs.worldbank.org/growth/factors-structural-unemployment
Selective Placement Division, Labour Department, HKSARG. (2012, 12 11). Work Orientation and Placement Scheme. Retrieved from Selective Placement Division of the Labour Department: http://www1.jobs.gov.hk/iSPS/gen/wops/index.aspx?RunMode=English&sc=0
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- Introduction The unemployment rate became a hot topic in the past few months when it rose to 3.5 per cent, a recent high for almost 10 years. The jobless rate was higher than the 3.2 per cent unemployment rate recorded in the May to July period. The underemployment rate in the June to August period rose to 2.5 per cent from 2.3 per cent in the May to July period. Until recently, most workers who lost their jobs were from the manufacturing sector. They were middle-aged factory workers with few skills and little education.... [tags: Economics, Unemployment Essays]
4506 words (12.9 pages)
- Hong Kong 1.3 Activities Hong Kong has many wonderful activities throughout the year. As its mixed culture of the west and east, Hong Kong holds both traditional Chinese and western festival, like the most important Chinese New Year celebration and western Christmas day. Moreover, it has been influenced by colonial rule and Chinese culture, Hong Kong has a flourishing arts scene that it not only has art festivals, orchestras, and opera performances but also has international film festivals and other global events.... [tags: Tourism, World Tourism Organization, Hong Kong]
2138 words (6.1 pages)
- The issue that I have been following is the issue of censorship in Hong Kong. China has always had very strict censorship laws but recently with the Chinese government taking more control over Hong Kong, the typically lenient Hong Kong censorship laws have been becoming stricter and the Hong Kong public is not reacting well to it. The recent democracy riots in Hong Kong have been partially sparked by this major issue that does not seem to be getting any better anytime soon. Since October, Hong Kong has seen more requests to have things taken off the web than they have in the past four years combined.... [tags: China, Hong Kong, Mainland China]
778 words (2.2 pages)
- Lights up. What is culture, how can it be performed. Can two communities perform different culture but still define as same country. Is our identity mostly determined by culture or origin. As a Hong Kongese, these questions always bother me because there is no absolute statement to define who I am. Hong Kong (HK) is a unique region that mostly influences by two different countries: China and Britain. Interestingly, these countries hold a totally opposite social practice towards one another. From liberalism to communism, these political ideologies have a major impact on the foundation of a country, and how the world perceives them as a performer.... [tags: China, Chinese language, Hong Kong]
1689 words (4.8 pages)
- According to The Mental Health Association of Hong Kong, people with mild ID can still work as a normal person if they have regular training. However, from the research of finding the key needs and how to do better for people with ID, most of the people with ID do not have the ability to be independent and have to be taken care by the others. They also have difficulties in chatting with the ordinary person. Most importantly, they do not have any talent or skill to find the work in the society to make a contribution.... [tags: Special education, Disability, Hong Kong]
1619 words (4.6 pages)
- Since the handover of Hong Kong from being a British colony back to a special administrative region of China in 1997, it has suffered from a series of political turmoil in which the executive found great difficulties in exerting public support on its rule while failing to build a cooperative relationship with the legislature. The existing political system is criticised greatly by the society for its outdated design that fails to cope with the rising demand from the public and to achieve any constructive progress in political development in Hong Kong.... [tags: Hong Kong Politics]
2715 words (7.8 pages)
- Introduction: The high and persistent levels of unemployment in the United States have become one of the most debated topics among economists, policy makers and the unemployed for more than a decade; especially its impact and best approach to resolving the increasing unemployment rates. It is important to note that as much of a global phenomenon unemployment it is, unemployment occurs in numerous forms, economists have broken down unemployment into three main types: Frictional, structural and cyclical.... [tags: Structural vs Cyclical Unemployment]
2774 words (7.9 pages)
- Pro-democracy protestors in Hong Kong took to the streets earlier this week in protest of the financial hub’s future as either an enclave of freedom or another communist-controlled city. The protest was sparked by anger over China 's refusal to allow the open selection of candidates for Hong Kong 's leader in the city 's first democratic election scheduled for 2017. Contrary to the pre-specified agreement, a panel of Beijing supporters will pick two or three candidates to run. At stake in this contentious issue is not just the election but also the future of the former British colony as a semiautonomous city and the prospect of the pro-democracy movement spreading to the mainland.... [tags: Hong Kong, Mainland China, Democracy]
719 words (2.1 pages)
- Personal Statement Quivering with anticipation, I opened the large envelope from UC Berkeley, and yelped with excitement. Ecstatic at having been accepted to the Biomedical program at Berkeley, my dream of attaining a M.D. was finally in action. Despite being only 18 and at the brink of my career, I had always been drawn towards the idea of being in the medical field, having spent many childhood summers in the hospital when my grandmother was diagnosed with colon cancer. Although my grandmother passed away from extensive pulmonary metastasis, I was still inspired by the compassion and sincerity of the physicians who had been by our side for the 5 years that my grandmother struggled with the... [tags: Physician, Medicine, Residency, Hong Kong]
761 words (2.2 pages)
- In this case analysis I will first show the requirements the company had for its financing. Then I will provide an analysis of the main pros and cons for Chase in connection with the deal. Lastly I will show how both affected the pricing as well as the execution of the deal. In order to build the new Disneyland in Hong Kong a new non-recourse entity, Hong Kong International Theme Parks Ltd (HKITP) was formed. While the owners supported the project with substantial amounts of equity (Disney and Government) as well as with subordinated debt (Government), Disney had significant requirements for the financing portion of the remaining needed amount.... [tags: Case Study Analysis Disneyland Hong Kong]
1681 words (4.8 pages)
- Physical Geography of Pierce County
- Hunting and Wildlife Conservation Go Hand in Hand
- How Advertising Images Manipulate Your Choices and Spending
- A Nation Imprisoned by Race: An Analysis of Interracial Relationships
- The Elevation of Women's Status in Islam
- World War II Submarine Warfare and the United States