Brief
Elderly unemployment drops 31%
The Labour Affairs Bureau (DSAL) has reported that the number of unemployed residents aged 55 or above fell by 31% year-on-year in the first quarter to around 900, while a total of 5,470 job placements were made in the first half of the year, including 579 for individuals aged 55 or above. The bureau also said that it has been co-organizing a biennial recognition scheme with the Social Welfare Bureau (IAS) for outstanding elderly employees and their employers, with the number of awardees increasing from 10 to 20 starting this year, in a bid to foster a more age-friendly employment environment.
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