The job market for fresh graduates in Hong Kong is a daunting prospect, with the latest data painting a grim picture. The once predictable transition from university to career has now become a treacherous journey, riddled with uncertainty and competition. The culprit? The ever-evolving landscape of artificial intelligence (AI).
As AI continues to permeate industries, its literacy has become a crucial skill for securing employment. Ivan Cheung, a data science and analytics graduate, understands this all too well. He has filed over 200 job applications since March, hoping to land a permanent role. While he works part-time, providing a small financial cushion, the struggle is shared by many.
Cheung highlights a crucial aspect: the ability to give AI specific and directed prompts is now a valuable asset. In a world where AI can generate information, the skill lies in guiding it to address business pain points rather than providing generic answers. This is a stark contrast to the past, where a degree was often the key to unlocking career doors.
The numbers tell a story of despair. Job vacancies in Hong Kong have plummeted by 55% in the past year, reaching a five-year low of 30,798 in 2025. This is according to the Joint Institution Job Information System, an online platform run by the city's public universities. The data underscores the harsh reality that many fresh graduates face.
The impact of AI on the job market is undeniable. As AI becomes more sophisticated, it automates tasks, changes job roles, and creates new opportunities. However, it also means that certain skills become obsolete, and graduates must adapt quickly. The challenge lies in not just acquiring AI literacy but also in understanding how to leverage it effectively.
In this new era, the once-predictable path from university to career is now a complex maze. Graduates must navigate the evolving job market, armed with the right skills and a willingness to learn. The struggle is real, but so is the potential for those who embrace the AI revolution.
