The Census and Statistics Department has compiled a new set of labour force projections covering the period 2015 to 2064. The labour force is projected to increase slightly from 3.60 million in 2014 to 3.65 million in 2018, and then decrease to 3.43 million in 2031. It will then hover between 3.42 million and 3.43 million until 2038, before decreasing to 3.11 million in 2064.
This set of projections is compiled using the newly released results of the 2014-based population projections as the benchmark and the latest trends of the age-sex specific labour force participation rates. The projections provide information on the projected labour supply in Hong Kong and its age and sex distribution during 2015 to 2064. This article gives a brief account of the projection method and presents the projection results.