Wages for first-time jobseekers with a college degree have fallen by roughly 10 percent over the past 13 years, according to a report by 104 Job Bank.
The report, released on Wednesday, says that between 2000 and 2013, the average wage for new jobseekers fell about 10 percent to about NT$30,000.
During the same period, consumer prices rose about 10 percent, the recruitment agency said. Rising consumer prices have prompted many employees to ask the government to rein in prices so living standards do not decline, it said.
The job bank analyzed the data of about 6 million clients aged 22 to 26 who used the agency over the 13-year period to calculate the drop in wages.
It found that during the financial crisis that occurred during the period, the average wage among young employees fell below NT$30,000 at one point.
After the crisis eased, many of those who had seen their wages drop did not see them rebound to pre-crisis levels, although semiconductor engineers and software designers did, the agency said.
The 104 Job Bank report corresponds to a recent government survey, which found that the real average overall wage after adjustment for inflation stood at NT$44,739 last year, compared with the real average wage of NT$44,798 in 1998.
The Ministry of Foreign Affairs (MOFA) yesterday voiced dissatisfaction with the Comprehensive and Progressive Agreement for Trans- Pacific Partnership (CPTPP), whose latest meeting, concluded earlier the same day, appeared not to address the country’s application. In a statement, MOFA said the CPTPP commission had "once again failed to fairly process Taiwan’s application," attributing the inaction to the bloc’s "succumbing to political pressure," without elaborating. Taiwan submitted its CPTPP application under the name "Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu" on Sept. 22, 2021 -- less than a week after China
THE GOOD WORD: More than 100 colleges on both sides of the Pacific will work together to bring students to Taiwan so they can learn Mandarin where it is spoken A total of 102 universities from Taiwan and the US are collaborating in a push to promote Taiwan as the first-choice place to learn Mandarin, with seven Mandarin learning centers stood up in the US to train and support teachers, the Foundation for International Cooperation in Higher Education of Taiwan (FICHET) said. At the annual convention of the American Council on the Teaching of Foreign Languages held over the weekend in New Orleans, Louisiana, a Taiwan Pavilion was jointly run by 17 representative teams from the FICHET, the Overseas Community Affairs Council, the Steering Committee for the Test of Proficiency-Huayu, the
A home-style restaurant opened by a Taiwanese woman in Quezon City in Metro Manila has been featured in the first-ever Michelin Guide honoring exceptional restaurants in the Philippines. The restaurant, Fong Wei Wu (豐味屋), was one of 74 eateries to receive a “Michelin Selected” honor in the guide, while one restaurant received two Michelin stars, eight received one star and 25 were awarded a “Bib Gourmand.” The guide, which was limited to restaurants in Metro Manila and Cebu, was published on Oct. 30. In an interview, Feng Wei Wu’s owner and chef, Linda, said that as a restaurateur in her 60s, receiving an
Kaohsiung Mayor Chen Chi-mai (陳其邁) on Monday announced light shows and themed traffic lights to welcome fans of South Korean pop group Twice to the port city. The group is to play Kaohsiung on Saturday as part of its “This Is For” world tour. It would be the group’s first performance in Taiwan since its debut 10 years ago. The all-female group consists of five South Koreans, three Japanese and Tainan’s Chou Tzu-yu (周子瑜), the first Taiwan-born and raised member of a South Korean girl group. To promote the group’s arrival, the city has been holding a series of events, including a pop-up
RSS