Online tech job fair gears up as sector faces 100,000 crisis

Wallis Wang

Cyberport will launch an online job fair next weekend to connect young talent with tech companies and start-ups, a timely endeavor as a survey found the city is facing a brain drain in the sector information technology with more than 100,000 vacancies expected over the next five years .

More than 150 companies will participate in the show from June 4 to 6. Visitors will be offered more than 1,500 positions in areas such as smart life, digital entertainment, artificial intelligence, big data and cybersecurity.

Cyberport’s public mission manager Eric Chan Sze-yuen said yesterday that more than a third of the jobs will be related to smart living to support Hong Kong’s journey to become a smart city.

User experience and user interface designer positions will also be offered, Chan added. Significantly, this year marks the first time that Cyberport has integrated the metaverse into its fair through a virtual interactive platform with three-dimensional elements.

The platform has already been tested, Chan said, noting that it can support up to 10,000 users at one time.

Artificial intelligence will also be deployed to analyze and develop the interview skills of job seekers, he said.

The fair is not Cyberport’s only ongoing venture as it will also collaborate with universities to provide computer training.

Chan went on to discuss Cyberport’s role in attracting foreign companies, saying, “One of the most important ways to solve the brain drain is to attract foreign talent. They can help us expand into the rest of Asia.

A survey by recruitment firm Venturenix sheds light on the leak, with results suggesting between 10,000 and 15,000 IT professionals will leave Hong Kong this year. As such, the industry urgently needs new blood, the firm said in its report.

He predicted that 100,000 jobs – including 30,000 software engineering positions – will be vacant over the next five years.

The report also discussed a mismatch between the number of jobs and vacancies in the industry. In January, 120,000 people were employed in the industry, according to the report. However, there were 9,097 vacancies last month, indicating a vacancy rate of 1:13 – well above the 1:50 ratio in other sectors such as education and catering.

The news came as a jobs crisis threatens graduates across the continent, with many seeing their job offers withdrawn due to strict Covid-19 policies, according to media reports.

Indeed, a leaked document from the East China University of Political Science and Law reveals that as of early this month, only one in five new graduates had landed a job.

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