MIL-OSI Asia-Pac: LCQ15: Earnings of youths in Hong Kong

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Source: Hong Kong Government special administrative region

LCQ15: Earnings of youths in Hong Kong
LCQ15: Earnings of youths in Hong Kong
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     Following is a question by the Hon Luk Chung-hung and a written reply by the Secretary for Financial Services and the Treasury, Mr Christopher Hui, in the Legislative Council today (May 5): Question:      Will the Government inform this Council of the average monthly employment earnings (at constant 2018 dollars) of full-time employees across different birth cohorts (as set out in the first column of the table below) when they reached the ages listed in the table below, broken down by selected educational attainment (i.e. (i) upper secondary educated, (ii) post-secondary non-degree educated, (iii) bachelor’s degree educated, and (iv) postgraduate educated) (set out in tables of the same format as the table below)?      Educational attainment: _________ 

Birth cohort
Year in whichthe cohortaged 20-24
Earnings ($) of cohort members when their ages reached
20-24
25-29
30-34
35-39
1970 – 1974
1994
 
 
 
 
1975 – 1979
1999
 
 
 
 
1980 – 1984
2004
 
 
 
 
1985 – 1989
2009
 
 
 

1990 – 1994
2014
 
 


1995 – 1999
2019
 


 Reply: President,      Based on the data obtained from the General Household Survey conducted by the Census and Statistics Department, average monthly employment earnings of full‑time employees (at constant 2018 dollars, excluding foreign domestic helpers) of different cohorts by selected educational attainment are provided below: (i) Full-time employees (Note 1) with upper secondary educational attainment 

Cohorts born in
Year in whichthe cohortaged 20-24
Average monthly employment earnings (Note 2) of the cohort concerned when their ages reached (HK$)
20-24
25-29
30-34
35-39
1970 – 1974
1994
12,100
14,900
18,400
18,600
1975 – 1979
1999
11,700
14,600
16,500
17,900
1980 – 1984
2004
10,600
13,000
15,600
19,300
1985 – 1989
2009
10,700
13,700
18,200

1990 – 1994
2014
11,900
15,600


1995 – 1999
2019
13,500


 (ii) Full-time employees (Note 1) with post-secondary non-degree educational attainment 

Cohorts born in
Year in whichthe cohortaged 20-24
Average monthly employment earnings (Note 2) of the cohort concerned when their ages reached (HK$)
20-24
25-29
30-34
35-39
1970 – 1974
1994
14,800
20,000
24,800
26,300
1975 – 1979
1999
14,300
18,200
21,600
23,600
1980 – 1984
2004
11,600
15,700
19,100
24,400
1985 – 1989
2009
11,600
15,100
21,400

1990 – 1994
2014
12,200
17,100


1995 – 1999
2019
14,400


 (iii) Full-time employees (Note 1) with undergraduate educational attainment 

Cohorts born in
Year in whichthe cohortaged 20-24
Average monthly employment earnings (Note 2) of the cohort concerned when their ages reached (HK$)
20-24
25-29
30-34
35-39
1970 – 1974
1994
19,400
26,500
38,300
45,900
1975 – 1979
1999
17,100
24,600
37,300
40,000
1980 – 1984
2004
14,300
23,700
31,000
41,100
1985 – 1989
2009
16,900
21,700
33,700

1990 – 1994
2014
16,200
24,300


1995 – 1999
2019
18,000


 (iv) Full-time employees (Note 1) with post-graduate educational attainment 

Cohorts born in
Year in whichthe cohortaged 20-24
Average monthly employment earnings (Note 2) of the cohort concerned when their ages reached (HK$)
20-24
25-29
30-34
35-39
1970 – 1974
1994
26,100
34,700
47,100
65,300
1975 – 1979
1999
21,100
29,300
47,200
51,400
1980 – 1984
2004
19,600
31,700
43,000
59,400
1985 – 1989
2009
19,900
27,100
46,000

1990 – 1994
2014
18,300
29,800


1995 – 1999
2019
19,400


 Note 1: Refer to employees who work at least 35 hours, or those who work less than 35 hours due to vacation during the seven days before enumeration. Note 2: The average monthly employment earnings are easily affected by extreme values in the survey sample, more so when reckoned for higher-end workers. They should therefore be interpreted with caution, in particular when they are compared over time.

 
Ends/Wednesday, May 5, 2021Issued at HKT 11:40

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