The vast majority of Taiwan’s office workers intend to continue working after they retire, mainly due to financial concerns or to gain a sense of achievement, a survey conducted by 1111 Job Bank (1111人力銀行) has found.
According to the results of the poll released yesterday, 85.9 percent of respondents said they would still work in one form or another after retiring.
About 51 percent said they will look for part-time work, another 13 percent intend to start their own business and 18 percent will devote their energy to investing and managing their wealth, the poll found. Another 3.8 percent said they would try to find a full-time job.
When asked why they wanted to continue working after reaching retirement age, some respondents said they feared being short of money, while others cited wanting to kill time or gaining a sense of achievement.
Asked what they feared most after retiring, 87.2 percent of respondents said they most feared falling ill, 45.5 percent feared being bored and 31 percent were worried about not having enough money if they lived too long.
The government should quicken its pace in establishing a comprehensive care system for senior citizens, especially in view of Taiwan’s rapidly aging population, 1111 Job Bank vice president Ho Chi-sheng (何啟聖) said.
Ho also advised enterprises to improve their work conditions and lower hiring thresholds for middle-aged and elderly workers.
The online survey, conducted from Oct. 9 to 22, collected 1,160 valid responses and had a confidence level of 95 percent, with a margin of error of plus or minus 2.87 percentage points.
Sweeping policy changes under US Secretary of Health and Human Services Robert F. Kennedy Jr are having a chilling effect on vaccine makers as anti-vaccine rhetoric has turned into concrete changes in inoculation schedules and recommendations, investors and executives said. The administration of US President Donald Trump has in the past year upended vaccine recommendations, with the country last month ending its longstanding guidance that all children receive inoculations against flu, hepatitis A and other diseases. The unprecedented changes have led to diminished vaccine usage, hurt the investment case for some biotechs, and created a drag that would likely dent revenues and
Global semiconductor stocks advanced yesterday, as comments by Nvidia Corp chief executive officer Jensen Huang (黃仁勳) at Davos, Switzerland, helped reinforce investor enthusiasm for artificial intelligence (AI). Samsung Electronics Co gained as much as 5 percent to an all-time high, helping drive South Korea’s benchmark KOSPI above 5,000 for the first time. That came after the Philadelphia Semiconductor Index rose more than 3 percent to a fresh record on Wednesday, with a boost from Nvidia. The gains came amid broad risk-on trade after US President Donald Trump withdrew his threat of tariffs on some European nations over backing for Greenland. Huang further
CULPRITS: Factors that affected the slip included falling global crude oil prices, wait-and-see consumer attitudes due to US tariffs and a different Lunar New Year holiday schedule Taiwan’s retail sales ended a nine-year growth streak last year, slipping 0.2 percent from a year earlier as uncertainty over US tariff policies affected demand for durable goods, data released on Friday by the Ministry of Economic Affairs showed. Last year’s retail sales totaled NT$4.84 trillion (US$153.27 billion), down about NT$9.5 billion, or 0.2 percent, from 2024. Despite the decline, the figure was still the second-highest annual sales total on record. Ministry statistics department deputy head Chen Yu-fang (陳玉芳) said sales of cars, motorcycles and related products, which accounted for 17.4 percent of total retail rales last year, fell NT$68.1 billion, or
MediaTek Inc (聯發科) shares yesterday notched their best two-day rally on record, as investors flock to the Taiwanese chip designer on excitement over its tie-up with Google. The Taipei-listed stock jumped 8.59 percent, capping a two-session surge of 19 percent and closing at a fresh all-time high of NT$1,770. That extended a two-month rally on growing awareness of MediaTek’s work on Google’s tensor processing units (TPUs), which are chips used in artificial intelligence (AI) applications. It also highlights how fund managers faced with single-stock limits on their holding of market titan Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) are diversifying into other AI-related firms.