What might be the indicators to evaluate the benefits of the economic recovery for high-income families and low-income families in Hong Kong?

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When evaluating the benefits of economic recovery for high-income and low-income families in Hong Kong, several indicators can be considered. Here are five key indicators to evaluate the impact on both income groups:

Income growth and wealth accumulation: Assessing changes in income levels and wealth accumulation is important to understand the economic benefits for different income groups. This indicator considers factors such as changes in average income, wage growth, and the accumulation of assets or savings.

Employment and job quality: Evaluating the impact of economic recovery on employment is crucial. This indicator examines factors such as the overall employment rate, unemployment rate, and the quality of jobs available. It considers aspects such as job stability, income security, access to benefits, and career progression opportunities.

Poverty and inequality measures: Measuring changes in poverty and inequality levels provides insights into the distribution of economic benefits. This indicator includes factors such as poverty rates, income inequality indices (such as the Gini coefficient), and the proportion of income or wealth held by different income groups.

Access to social services and support: Assessing the availability and accessibility of social services and support is essential to evaluate the impact on low-income families. This indicator considers factors such as access to healthcare, education, affordable housing, social welfare programs, and other forms of support that can uplift the well-being of low-income families.

Social mobility and opportunities for upward mobility: Evaluating the degree of social mobility and opportunities for upward mobility provides insights into the potential for individuals and families to improve their economic situation. This indicator considers factors such as educational opportunities, skills development programs, access to financial services, and social networks that can facilitate upward mobility.