Johnny Ch Lok

Economic Environment Factor And High Crime Relationship Johnny Ch Lok

Nowadays, HK has many employers need high technolgical workers in active labor market. It will cause many HK high technological businesses can not find any high technological workers easily in HK. Then, they will choose to find overseas high technological workers to replace HK domestic workers, as well as it will cause HK high technological workers' wages to be reduced. Otherwise, overseas high technological workers' wages will be raised . Even longer time, HK many high technological workers will lose jobs, because their skills can be replaced from overseas high technological workers easily. If their demand still need HK employers raise their salaries to compare to overseas high technological workers' salaries . Due to this global macro high technological workers demand increasing factor influences to HK, so China, or other developing high technological job markets. Then, it may cause many developing countries' high technological workers lose thier jobs, due to the developed countries' high technological workers can be replaced to do their job more easy, even their salaries demand is lower to compare to the developing countries high technological workers' salaries demand. So, when the developing countries ' high technological workers feel unfair, they lose jobs, due to overseas developed countries' high technological wotkers are replaced. It will cause that they will choose to do crime behavior in society more easier. Also, HK's job security legislation is poor to comapre Western countries. For example, US, UK, New Zealand, Australia etc. Western countries. They have good citizen security legislation. All those Western countries' citizen own unemployment assistance, when they lose jobs to do in long time or they unemploy long time. Then, they have authority to need their governments to give unemployment assistance. If they have no any unemployment or they have less unemployment before 60 or 65 retirement age. Then, after 60 or 65 age, their government will still give them money for life assistance per week, till to they die. Otherwise, HK government only have job security legislation to reduce employee individual 5% of salary for MPF ( mututary provident fund) and employee's 5 % salary for MPF maximum per month for their retirement benefit. HK government won't give HK citizen money for life assistance after 65 retirement age. If the HK citizen earned less salary before 65 age, then it is not enough to provide social welfare assistance to any HK citizen after they reach 65 age in possible. So, it explains that why some HK old people will do crime behaviors more easily. Does long-term unemployment cause social problem?