The monthly growth of job openings has shown signs of slowing, as companies appear more conservative in recruiting in the second half of the year, an online manpower agency said in its latest report.
The 104 Job Bank report came after the government released last month’s unemployment rate on Thursday, showing unemployment edged up 0.02 percentage points to 5.16 percent. That represents the first month-on-month increase in four months.
The agency said that the number of job vacancies this month grew 0.8 percent month-on-month, down from 5.9 percent recorded last month, and urged new graduates to be aggressive in job hunting while openings are still plentiful.
“The job market will soon enter a ‘correction period’ as companies prepare to appraise employee performance at the end of the year,” the agency’s public relations manager Max Fang (方光瑋) said, adding that many businesses will not rush to hire in the second half. Citing a previous survey, Fang said that nearly 80 percent of enterprises said they began recruiting staff before this month. With school graduates starting to look for employment, “new job vacancies are gradually being filled.”
The report showed that the number of jobseekers has surged to a record high of around 416,000 this month, up more than 50,000 from last month, which Fang said would increase competition in the job market.
The number of job opportunities averaged 340,000 in the second quarter, posting a 67 percent gain from a year ago, with jobs in Taoyuan County seeing the largest increase at 94 percent, followed by Hsinchu County at 85.8 percent and Tainan County 75.7 percent.
“As there are science and industrial parks based in these counties, the recovering manufacturing and high-tech industries have created more job opportunities here,” Fang said.
BYPASSING CHINA TARIFFS: In the first five months of this year, Foxconn sent US$4.4bn of iPhones to the US from India, compared with US$3.7bn in the whole of last year Nearly all the iPhones exported by Foxconn Technology Group (富士康科技集團) from India went to the US between March and last month, customs data showed, far above last year’s average of 50 percent and a clear sign of Apple Inc’s efforts to bypass high US tariffs imposed on China. The numbers, being reported by Reuters for the first time, show that Apple has realigned its India exports to almost exclusively serve the US market, when previously the devices were more widely distributed to nations including the Netherlands and the Czech Republic. During March to last month, Foxconn, known as Hon Hai Precision Industry
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and the University of Tokyo (UTokyo) yesterday announced the launch of the TSMC-UTokyo Lab to promote advanced semiconductor research, education and talent development. The lab is TSMC’s first laboratory collaboration with a university outside Taiwan, the company said in a statement. The lab would leverage “the extensive knowledge, experience, and creativity” of both institutions, the company said. It is located in the Asano Section of UTokyo’s Hongo, Tokyo, campus and would be managed by UTokyo faculty, guided by directors from UTokyo and TSMC, the company said. TSMC began working with UTokyo in 2019, resulting in 21 research projects,
Ashton Hall’s morning routine involves dunking his head in iced Saratoga Spring Water. For the company that sells the bottled water — Hall’s brand of choice for drinking, brushing his teeth and submerging himself — that is fantastic news. “We’re so thankful to this incredible fitness influencer called Ashton Hall,” Saratoga owner Primo Brands Corp’s CEO Robbert Rietbroek said on an earnings call after Hall’s morning routine video went viral. “He really helped put our brand on the map.” Primo Brands, which was not affiliated with Hall when he made his video, is among the increasing number of companies benefiting from influencer
Quanta Computer Inc (廣達) chairman Barry Lam (林百里) yesterday expressed a downbeat view about the prospects of humanoid robots, given high manufacturing costs and a lack of target customers. Despite rising demand and high expectations for humanoid robots, high research-and-development costs and uncertain profitability remain major concerns, Lam told reporters following the company’s annual shareholders’ meeting in Taoyuan. “Since it seems a bit unworthy to use such high-cost robots to do household chores, I believe robots designed for specific purposes would be more valuable and present a better business opportunity,” Lam said Instead of investing in humanoid robots, Quanta has opted to invest
RSS