Nearly half of new graduates in the last two years are still unemployed, while up to 28 percent said they had been laid off from their jobs, a poll showed yesterday.
Graduates of architecture, arts, business, engineering and information sciences had the highest rate of layoffs amid the economic downturn, a survey by online human resources agency 1111 Job Bank (1111 人力銀行) showed.
The poll found that 19 percent of new graduates said they held atypical jobs, including part-time employment, and only 32 percent had full-time jobs.
New college graduates also spent an average of 7.2 months looking for a job, the poll said.
Ryan Wu (吳睿穎), 1111 Job Bank spokesman, lauded the Ministry of Education’s latest program to encourage college graduates to do internships at companies, saying it boosted the number of job vacancies last month.
A total of 33,500 college graduates who have graduated within the last three years can participate in the internship program. The government provides a monthly subsidy of NT$26,000 per month to employees who hire these interns. The subsidy will last for a year.
Taiwan Transport and Storage Corp (TTS, 台灣通運倉儲) yesterday unveiled its first electric tractor unit — manufactured by Volvo Trucks — in a ceremony in Taipei, and said the unit would soon be used to transport cement produced by Taiwan Cement Corp (TCC, 台灣水泥). Both TTS and TCC belong to TCC International Holdings Ltd (台泥國際集團). With the electric tractor unit, the Taipei-based cement firm would become the first in Taiwan to use electric vehicles to transport construction materials. TTS chairman Koo Kung-yi (辜公怡), Volvo Trucks vice president of sales and marketing Johan Selven, TCC president Roman Cheng (程耀輝) and Taikoo Motors Group
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RECORD-BREAKING: TSMC’s net profit last quarter beat market expectations by expanding 8.9% and it was the best first-quarter profit in the chipmaker’s history Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), which counts Nvidia Corp as a key customer, yesterday said that artificial intelligence (AI) server chip revenue is set to more than double this year from last year amid rising demand. The chipmaker expects the growth momentum to continue in the next five years with an annual compound growth rate of 50 percent, TSMC chief executive officer C.C. Wei (魏哲家) told investors yesterday. By 2028, AI chips’ contribution to revenue would climb to about 20 percent from a percentage in the low teens, Wei said. “Almost all the AI innovators are working with TSMC to address the
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