Using data collected from two surveys on the labour market in Hong Kong, this paper shows that older workers on average are more likely to be unemployed than younger ones. Unemployed workers aged above 45 tend to face a longer spell of unempoyment, receive fewer job offers and expect lower future wages than the unemployed younger workers. Older employed workers may also be disadvantaged. This paper compares the promotion and training opportunities available to olderand younger employed workers. We found that older workers are less likely to bepromoted or selected for training.