The job market for fresh graduates in Hong Kong is a challenging landscape, with artificial intelligence (AI) literacy emerging as a crucial skill in the face of declining job opportunities. The story of Ivan Cheung, a data science and analytics graduate, highlights the struggles of recent graduates in securing employment. Cheung's journey, which involves filing over 200 job applications since March, underscores the harsh reality that many of his peers are also facing.
The South China Morning Post reports a stark decline in job vacancies, with 2025 seeing a 55% drop in job openings compared to 2024. This trend is particularly concerning as it marks the fewest job opportunities in the past five years. The Joint Institution Job Information System, an online platform, confirms this grim outlook, indicating a significant challenge for graduates.
Cheung's experience is not unique. The job market's unpredictability, especially with the rise of AI, has created a new set of challenges for graduates. The once-predictable transition from university to career is now fraught with uncertainty. AI literacy, as Cheung suggests, is a vital skill to navigate this landscape. The ability to provide specific and directed prompts to AI can help address business pain points, a skill that is increasingly sought after by employers.
However, the situation is not without its complexities. While AI literacy is essential, it is just one piece of the puzzle. The broader economic context, including the impact of the pandemic and global economic shifts, also plays a significant role in shaping the job market. The challenge for graduates is to not only master AI skills but also to adapt to a rapidly changing business environment.
In my opinion, the story of Ivan Cheung and the broader trend of declining job opportunities for graduates is a wake-up call for educational institutions and policymakers. It highlights the need for a more dynamic and adaptable education system that prepares students for the realities of the modern job market. As AI continues to shape industries, the focus on developing skills that complement AI capabilities will be crucial for graduates' success in the future.
This situation also raises questions about the role of government and industry in supporting graduates. With the job market becoming increasingly competitive, there is a need for initiatives that provide practical support, such as mentorship programs, career guidance, and financial assistance. These measures can help graduates navigate the challenges they face and increase their chances of securing employment.
In conclusion, the struggles of fresh graduates in Hong Kong, as exemplified by Ivan Cheung, are a stark reminder of the evolving job market and the importance of adapting to new realities. As AI continues to transform industries, the development of AI literacy and other relevant skills will be essential for graduates to thrive in the future. The challenge is not just for individuals but also for society as a whole to create an environment that supports the successful transition of graduates into the workforce.
