Taiwan’s hiring outlook for the fourth quarter of this year ranks second-highest in the world, trailing only India, according to a survey released by ManpowerGroup yesterday.
In the survey, the global workforce solution services provider said Taiwan’s net employment outlook after seasonal adjustments for the fourth quarter stood at 35 percent, unchanged from the third quarter, after India’s 41 percent.
The net employment outlook is calculated by subtracting the percentage of employers anticipating a decline in total employment from the percentage expecting to see an increase.
Panama came in third with a net employment outlook of 24 percent, ahead of Singapore with 20 percent and Brazil with 19 percent, the survey shows.
Italy recorded the lowest hiring prospects, with the net employment outlook of minus-13 percent, following Spain at minus-7 percent and Finland at minus-6 percent, with Ireland and Hungary reporting minus-4 percent each.
The survey covered 42 countries and territories in the world, polling more than 65,000 employers.
In Taiwan, 41 percent of a total of 1,085 employers in the survey said they were planning to launch recruitment campaigns, and 4 percent of them said they would cut staff, while 54 percent said their workforces would remain unchanged, ManpowerGroup said.
This means that Taiwan’s net employment outlook for the third quarter was 37 percent before seasonal adjustments.
The willingness of employers to hire in the local service sector appeared strongest among the six major business sectors for the fourth quarter, ManpowerGroup Taiwan operation director Joan Yeh (葉朝蒂) said.
According to the survey, the service sector recorded a net employment outlook of 44 percent after seasonal adjustments, ahead of the construction and mining sector with 42 percent and the finance, insurance and real-estate sector with 41 percent.
The transportation and utility sector came in fourth with a net employment outlook of 35 percent, while the manufacturing, and retail and wholesale sector stood at 30 percent each, the survey found.
In July, Taiwan’s jobless rate rose 0.11 percentage points from a month earlier to 4.25 percent.
Stephen Garrett, a 27-year-old graduate student, always thought he would study in China, but first the country’s restrictive COVID-19 policies made it nearly impossible and now he has other concerns. The cost is one deterrent, but Garrett is more worried about restrictions on academic freedom and the personal risk of being stranded in China. He is not alone. Only about 700 American students are studying at Chinese universities, down from a peak of nearly 25,000 a decade ago, while there are nearly 300,000 Chinese students at US schools. Some young Americans are discouraged from investing their time in China by what they see
MAJOR DROP: CEO Tim Cook, who is visiting Hanoi, pledged the firm was committed to Vietnam after its smartphone shipments declined 9.6% annually in the first quarter Apple Inc yesterday said it would increase spending on suppliers in Vietnam, a key production hub, as CEO Tim Cook arrived in the country for a two-day visit. The iPhone maker announced the news in a statement on its Web site, but gave no details of how much it would spend or where the money would go. Cook is expected to meet programmers, content creators and students during his visit, online newspaper VnExpress reported. The visit comes as US President Joe Biden’s administration seeks to ramp up Vietnam’s role in the global tech supply chain to reduce the US’ dependence on China. Images on
New apartments in Taiwan’s major cities are getting smaller, while old apartments are increasingly occupied by older people, many of whom live alone, government data showed. The phenomenon has to do with sharpening unaffordable property prices and an aging population, property brokers said. Apartments with one bedroom that are two years old or older have gained a noticeable presence in the nation’s six special municipalities as well as Hsinchu county and city in the past five years, Evertrust Rehouse Co (永慶房產集團) found, citing data from the government’s real-price transaction platform. In Taipei, apartments with one bedroom accounted for 19 percent of deals last
US CONSCULTANT: The US Department of Commerce’s Ursula Burns is a rarely seen US government consultant to be put forward to sit on the board, nominated as an independent director Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract chipmaker, yesterday nominated 10 candidates for its new board of directors, including Ursula Burns from the US Department of Commerce. It is rare that TSMC has nominated a US government consultant to sit on its board. Burns was nominated as one of seven independent directors. She is vice chair of the department’s Advisory Council on Supply Chain Competitiveness. Burns is to stand for election at TSMC’s annual shareholders’ meeting on June 4 along with the rest of the candidates. TSMC chairman Mark Liu (劉德音) was not on the list after in December last