1 min News: Employment & Job Market Updates (02 Mar, 2026)

Market Updates By Me2Works Published on 02/03/2026

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  • Visa Renewal Window Opens (Today): Starting today, March 1–2, HR teams can now lodge work visa renewal applications 3 months before expiry. This applies to GEP, ASMTP, and IANG categories, removing the "last-minute stress" of the previous 4-week rule.


  • CHRO Series Hong Kong (Today): Top HR leaders are meeting today to discuss the "Everyday Execution" of AI.The conversation is shifting from experimenting with AI to using the government’s $50 million AI earmark to augment human creativity.


  • The "Upskill Hong Kong" Mandate: The Employees Retraining Board (ERB) begins its official transition into "Upskill Hong Kong" this month. HR departments are encouraged to tap into the $222 million allocated for re-employment schemes for veteran talent (aged 40+).


  • Youth Employment Alert: Despite the positive budget, fresh graduates face the toughest market in 5 years, with vacancies down 55% compared to pre-AI integration levels. Companies are being urged to redefine entry-level roles rather than eliminating them.


  • Enrolled Nurse Training Deadline: Today (5:00 PM) is the final deadline for the Enrolled Nurse (General) Training Programme for the welfare sector.