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Hong Kong Connection：Silver Linings: The Elderly Force of the Job Market

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With an aging population and declining birth rates, Hong Kong's workforce is expected to continue shrinking. In recent years, the government has actively encouraged the elderly to remain in the workforce and delay retirement to alleviate the economic costs of an aging population. The Financial Secretary has also proposed tax deductions for employers who voluntarily contribute to the provident fund for employees aged 65 or above in the 2023-24 budget. The Labour Department enhanced the Employment Programme for the Middle-aged to the Employment Programme for the Elderly and Middle-aged in 2020. So, what's the current employment situation for the elderly? How can the effectiveness of their employment be enhanced? And what industries are available for older individuals?
Category
문화 - Culture
Tags
Elderly employment, Retirement, Seniors
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