The government will wait before proposing any more measures to create jobs because the economic turnaround should mitigate rising unemployment soon, a minister said yesterday.
“We believe there will be a significant decrease in the unemployment rate from September thanks to the measures already in place. The improvement in the business climate will create more jobs in the private sector,” Minister without Portfolio James Hsueh (薛承泰) said.
Hsueh made the remarks at a press conference following an intergovernmental meeting on the unemployment rate that was chaired by Vice Premier Paul Chiu (邱正雄).
Unemployment was 5.94 percent last month, with 647,000 people out of work — an increase of 14,000 people over May, the Directorate-General of Budget, Accounting and Statistics said last week.
“With expansion projects, construction projects, temporary job creation projects and the 2009 to 2012 employment promotion project, the number of jobs created by the end of the year will be between 60,000 and 70,000,” Hsueh said.
Vice Minister of Education Lin Tsong-ming (林聰明) said the ministry had helped place 17,529 new graduates in internships in the public and private sectors under a program it launched in April. The ministry expected to match 10,000 graduates with employers offering regular positions.
The Ministry of Education has estimated that about 40 percent of graduates — or 124,000 of about 310,000 in recent years — enter the job market each year.
Council of Labor Affairs Deputy Minister Pan Shih-wei (潘世偉) said the council would host 18 job fairs by the end of this year to help match job seekers with employers.
Quanta Computer Inc (廣達) chairman Barry Lam (林百里) is expected to share his views about the artificial intelligence (AI) industry’s prospects during his speech at the company’s 37th anniversary ceremony, as AI servers have become a new growth engine for the equipment manufacturing service provider. Lam’s speech is much anticipated, as Quanta has risen as one of the world’s major AI server suppliers. The company reported a 30 percent year-on-year growth in consolidated revenue to NT$1.41 trillion (US$43.35 billion) last year, thanks to fast-growing demand for servers, especially those with AI capabilities. The company told investors in November last year that
Intel Corp has named Tasha Chuang (莊蓓瑜) to lead Intel Taiwan in a bid to reinforce relations between the company and its Taiwanese partners. The appointment of Chuang as general manager for Intel Taiwan takes effect on Thursday, the firm said in a statement yesterday. Chuang is to lead her team in Taiwan to pursue product development and sales growth in an effort to reinforce the company’s ties with its partners and clients, Intel said. Chuang was previously in charge of managing Intel’s ties with leading Taiwanese PC brand Asustek Computer Inc (華碩), which included helping Asustek strengthen its global businesses, the company
Taiwanese suppliers to Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) are expected to follow the contract chipmaker’s step to invest in the US, but their relocation may be seven to eight years away, Minister of Economic Affairs J.W. Kuo (郭智輝) said yesterday. When asked by opposition Chinese Nationalist Party (KMT) Legislator Niu Hsu-ting (牛煦庭) in the legislature about growing concerns that TSMC’s huge investments in the US will prompt its suppliers to follow suit, Kuo said based on the chipmaker’s current limited production volume, it is unlikely to lead its supply chain to go there for now. “Unless TSMC completes its planned six
TikTok abounds with viral videos accusing prestigious brands of secretly manufacturing luxury goods in China so they can be sold at cut prices. However, while these “revelations” are spurious, behind them lurks a well-oiled machine for selling counterfeit goods that is making the most of the confusion surrounding trade tariffs. Chinese content creators who portray themselves as workers or subcontractors in the luxury goods business claim that Beijing has lifted confidentiality clauses on local subcontractors as a way to respond to the huge hike in customs duties imposed on China by US President Donald Trump. They say this Chinese decision, of which Agence
RSS