Democratic Progressive Party Legislator Chiang Yung-chang, during a question-and-answer session at the Legislative Yuan last Tuesday, asked who would accept resonsibility should the Ministry of Labor fail to submit a draft minimum wage bill to the Executive Yuan before the end of the year. Minister of Labor Hsu Ming-chun replied that the responsibility would lie with her.
However, Premier William Lai said that the minimum wage bill is only one of several measures needed to resolve the problem of low salaries, and argued that developing the economy is to be more important for achieving salary increases.
During Chiang’s question, he referred to President Tsai Ing-wen’s political goal of enacting a minimum wage bill, but said that to date it has been a case of all talk and no action. Chiang went on to say that he has previously written to the ministry on this matter and received a reply stating the ministry hopes to complete a review of the bill by year end and have submitted it to the Executive Yuan by then.
In her reply to the question, Hsu said her ministry has already convened meetings on the matter, collated information from many countries and held public hearings in the northern, central, southern and eastern regions of the country. She added that, despite differences of opinion between workers and employers, the ministry is continuing to work in accordance with its original plan.
Chinese Nationalist Party (KMT) Legislator Chiang Wan-an handed Lai a copy of the book Laborers and asked him for more details of amendments to the Labor Standards Act. Lai responded that Taiwan has already entered the era of the knowledge economy, and the existing act is a body of law formulated for the industrial age. Lai said that the next step is for the ministry to continue gathering opinions from across society and to carry out research, adding that there is no timetable for amending the act.
(Liberty Times, translated by Edward Jones)
Many governments around the world have enacted a minimum wage, but there is considerable debate over the effectiveness of such a measure. Economists and politicians in favor of a minimum wage argue that implementing a minimum wage or increasing an existing minimum wage helps low-income families and narrows the gap between rich and poor.
Those opposed a minimum wage argue that it pushes up labor costs which eats into companies’ profit margins, causes inflation — which results in higher prices of goods for consumers — and can ultimately lead to job losses as managers are forced to lay off workers in order to cut costs.
The knowledge economy
The knowledge economy refers to an economic system based on knowledge or “intellectual capital.” The economies of most developed countries have moved away from manufacturing-intensive and labor-intensive economy toward knowledge-based services which rely on so-called “human capital” — intellectual capability rather than natural resources or physical labor.
(Edward Jones, Taipei Times)
1. minimum wage phr.
(zui4 di1 gong1 zi1)
2. low salary phr.
3. all talk and no action phr.
(zhi3 wen2 lou2 ti1 xiang3)
4. collate information phr.
(sou1 ji2 zi1 xun4)
5. knowledge economy phr.
(zhi1 shi4 jing1 ji4)
Russian scientists are poring over the stunningly well-preserved bones of an adult woolly mammoth that roamed the Earth at least 10,000 years ago, after local inhabitants discovered its remains in the shallows of a north Siberian lake. Part of its skull, several ribs and foreleg bones, some with soft tissue still attached to them, were retrieved from Russia’s remote Yamal peninsula above the Arctic Circle on July 23. Scientists are still searching the site for other bones. Similar finds in Russia’s vast Siberian region have happened with increasing regularity as climate change warming the Arctic at a faster pace than the
In the eastern Afghan city of Herat, 18-year-old high school student Somaya Faruqi adjusts a suction cap as she puts the finishing touches before unveiling a low-cost, lightweight ventilator created by her and six other young women. The all-female Afghan Robotics Team, which has won international awards for its robots, started work in March on an open-source, low-cost ventilator as the coronavirus pandemic hit the war-torn nation. It took the team almost four months to finalize the ventilator, which is partly based on a Massachusetts Institute of Technology (MIT) design, and they received guidance from experts at Harvard University. The device is easy
A: We got to the store just in the nick of time. Look at the size of the line. B: How many lottery tickets should we buy? A: Four. Four tickets: four times the luck. B: Um. . . I’m not sure the math checks out, but it’s true the more tickets we buy, the higher the chance we have of winning. A: Come on, come on. What’s the hold up? B: Looks like the person at the front of the line can’t decide on his numbers. Couldn’t he have made up his mind while waiting in line? A:
The beloved boy Viking character is back! Animated film Vic the Viking — The Magic Sword is hitting the screens in Taiwan today. This time around, Vic’s father, village chief Halvar, steals a magic sword from pirates that turns Vic’s mother into gold, and the clever hero ventures to a dangerous land to find the cure. Based on children’s book Vicke Viking, the Viking boy first gained global fame when animated TV series Vicky the Viking was released in the 1970s. The show relates the adventures of a boy who uses his wits to help the people in his village. It