Wed, Sep 16, 2009 - Page 11 News List

Three in four graduates still without a job: poll

TOUGH CONDITIONS About 16 percent of those who did not have a job said they had found one, but quit after realizing that the work did not meet their expectations

STAFF WRITER, WITH CNA

Some 75 percent of this year’s graduates from colleges and universities are still looking for jobs, down 12 percent compared with the same period last year, a survey showed yesterday.

Although the percentage of recent graduates who had not found a job was lower than last year, the number of young people who managed to find work after graduating was still relatively low, said the poll, which was conducted by 104 Job Bank (104人力銀行).

As of the end of last month, 24.4 percent of this year’s recent college graduates had found a job, with an average monthly salary of NT$24,187 (US$740) — on par with last year, the survey showed.

About 16 percent of those without employment, however, had actually obtained a job, but gave it up later, citing reasons including: “the work was different from my personal expectations,” “limited possibility of development” and “the work differed from the job description.”

The survey also found that by the end of last month, 56.8 percent of companies seeking new recruits had hired new workers, mainly for jobs as vendors, sales representatives, administrative staff and customer service representatives.

About 37.6 percent of the companies that hired new employees were taking part in a government program that grants NT$26,190 (NT$22,000 in monthly salary plus NT$4,190 in subsidies for labor and national health insurance premiums) each month to private enterprises for every new graduate they hire.

More than 60 percent of the companies participating in the program that were surveyed said they would either raise the new graduates’ monthly salary or increase their bonus depending on performance.

Although there have been more job seekers than jobs available following the global financial crisis that began late last year, 56.7 percent of the businesses surveyed said it was hard to find qualified individuals.

The poll was carried out from Aug. 24 through Aug. 31 and had 909 valid responses. It had a margin of error of 3.25 percent.

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