Why now could be good time to secure technology jobs in banking in Hong Kong?

The latest labour market statistics to come from Hong Kong have revealed that the seasonally adjusted unemployment rate has decreased from 4.6 per cent during the April-June period to 4.3 per cent in May-July 2010.

In light of this, now could be a good time for people looking for technology jobs in banking in Hong Kong to act, with the Census and Statistics Department data revealing that the underemployment rate remained unchanged during the period at two per cent.

Meanwhile, total employment increased by some 8,100, taking it from 3.492 million between April and June 2010 to 3.5 million between May and July.

With the labour force growing from a provisional figure of 3.664 million to 3.668 million, the number of people finding themselves unemployed fell by 4,400 between April-June and May-July.

Secretary for labour and welfare Matthew Cheung Kin-chung said: "In light of the latest feedbacks ... more new jobs are likely to be created in the next few months, providing favourable conditions for the labour market to improve further."

The provisional estimate of the population of Hong Kong during 2010 according to the Census and Statistics Department was 7.061 million.