As college graduates prepare to enter the job market this graduation season, a new poll has found that most would like to make NT$1 million (US$31,200) per year by the age of 33, with one-third expecting to reach their income goals through stock trading.
According to a survey by 1111 manpower bank and the Chinese-language business monthly Smart, 36.2 percent of graduates anticipate that they will earn their first million before 30, followed by 33.6 percent before 35, while 18.3 percent had no opinion on the subject.
The average age for reaching NT$1 million per year is 33.
The survey found that 33.1 percent of respondents thought they could earn their first million by stock trading, followed by personal performance at 22.3 percent and starting their own business at 23 percent. The poll found that 35.8 percent thought they could have savings of NT$1 million after working for five years, while 13.5 percent expected to reach this goal within three years.
The jobless rate fell for a fourth straight month to the lowest level in more than five years last month, the Directorate General of Budget, Accounting and Statistics said on May 22.
Asked how they would spend their first paycheck, almost 80 percent of respondents said they would save, followed by investment and paying off debt.
The survey of 1,259 graduates was conducted between May 12 and last Friday.
Among the rows of vibrators, rubber torsos and leather harnesses at a Chinese sex toys exhibition in Shanghai this weekend, the beginnings of an artificial intelligence (AI)-driven shift in the industry quietly pulsed. China manufactures about 70 percent of the world’s sex toys, most of it the “hardware” on display at the fair — whether that be technicolor tentacled dildos or hyper-realistic personalized silicone dolls. Yet smart toys have been rising in popularity for some time. Many major European and US brands already offer tech-enhanced products that can enable long-distance love, monitor well-being and even bring people one step closer to
Malaysia’s leader yesterday announced plans to build a massive semiconductor design park, aiming to boost the Southeast Asian nation’s role in the global chip industry. A prominent player in the semiconductor industry for decades, Malaysia accounts for an estimated 13 percent of global back-end manufacturing, according to German tech giant Bosch. Now it wants to go beyond production and emerge as a chip design powerhouse too, Malaysian Prime Minister Anwar Ibrahim said. “I am pleased to announce the largest IC (integrated circuit) Design Park in Southeast Asia, that will house world-class anchor tenants and collaborate with global companies such as Arm [Holdings PLC],”
TRANSFORMATION: Taiwan is now home to the largest Google hardware research and development center outside of the US, thanks to the nation’s economic policies President Tsai Ing-wen (蔡英文) yesterday attended an event marking the opening of Google’s second hardware research and development (R&D) office in Taiwan, which was held at New Taipei City’s Banciao District (板橋). This signals Taiwan’s transformation into the world’s largest Google hardware research and development center outside of the US, validating the nation’s economic policy in the past eight years, she said. The “five plus two” innovative industries policy, “six core strategic industries” initiative and infrastructure projects have grown the national industry and established resilient supply chains that withstood the COVID-19 pandemic, Tsai said. Taiwan has improved investment conditions of the domestic economy
Sales in the retail, and food and beverage sectors last month continued to rise, increasing 0.7 percent and 13.6 percent respectively from a year earlier, setting record highs for the month of March, the Ministry of Economic Affairs said yesterday. Sales in the wholesale sector also grew last month by 4.6 annually, mainly due to the business opportunities for emerging applications related to artificial intelligence (AI) and high-performance computing technologies, the ministry said in a report. The ministry forecast that retail, and food and beverage sales this month would retain their growth momentum as the former would benefit from Tomb Sweeping Day