Hiring activity in Taiwan would pick up next quarter, as companies woo professionals to meet rising demand from artificial intelligence applications and green energy management, a survey by ManpowerGroup Inc showed yesterday.
About 39 percent of local companies plan to expand their payroll in the April-to-June period, the highest among 41 economies worldwide, thanks to technological advancements, the human resource advisory firm said, citing a quarterly survey of 630 local firms.
Meanwhile, 18 percent of employers plan to reduce headcounts, while 43 percent would keep their workforce unchanged, the survey found.
Photo: CNA
Recruitment plans are the strongest in the energy and utilities, information technology, financial and insurance, and real-estate sectors, it found.
“The need for talent has shown a solid increase, especially in technical areas such as green energy management, cloud computing and artificial intelligence [AI] applications,” ManpowerGroup said.
In particular, companies need professionals who possess the skills to cope with energy transition and market demand, it said.
In addition, companies around the world are eager to cut carbon emissions to meet international standards, spurring demand for environmental, social and governance (ESG) related talent, ManpowerGroup said.
This recruitment effort not only targets technical engineering professionals, but also focuses on sustainable development, carbon management engineering and energy policy experts, it said.
Employment prospects are also bright for the financial, insurance and real-estate sectors, helped by government policy changes and digital transformation, it said, adding that talent in data analysis, AI and other digital technology areas is therefore in hot demand.
The rising number of transactions online and insurance purchases for overseas trips has driven up the need for software engineers at life insurers, ManpowerGroup said.
Financial institutes have conveyed a preference for job candidates with a background in digital financial technology, it said.
As AI, cloud technology and big data analysis expand into the healthcare, communications and finance sectors, more employers would recruit workers skilled in business innovation and development, it said.
Taiwan’s foreign exchange reserves fell below the US$600 billion mark at the end of last month, with the central bank reporting a total of US$596.89 billion — a decline of US$8.6 billion from February — ending a three-month streak of increases. The central bank attributed the drop to a combination of factors such as outflows by foreign institutional investors, currency fluctuations and its own market interventions. “The large-scale outflows disrupted the balance of supply and demand in the foreign exchange market, prompting the central bank to intervene repeatedly by selling US dollars to stabilize the local currency,” Department of Foreign
Intel Corp is joining Elon Musk’s long-shot effort to develop semiconductors for Tesla Inc, Space Exploration Technologies Corp and xAI, marking a surprising twist in the chipmaker’s comeback bid. Intel would help the Terafab project “refactor” the technology in a chip factory, the company said on Tuesday in a post on X, Musk’s social media platform. That is a stage in the development process that typically helps make chips more powerful or reliable. The chipmaker’s shares jumped 4.2 percent to US$52.91 in New York trading on Tuesday. The Terafab project is a grand plan by Musk to eventually manufacture his own chips for
Taiwan Power Co (Taipower, 台電) yesterday said it plans to resume operations at two coal-fired power generators for three months to boost security of electricity supply as liquefied natural gas (LNG) supply risks are running high due to the Middle East conflict. The two coal-fired power generators are at Mailiao Power Plant in Yunlin County’s Mailiao Township (麥寮). The plant, operated by Formosa Plastics Group (台塑集團), supplied electricity to Taipower’s power grid until the end of last year. Taipower’s decision came about one month after Minister of Economic Affairs Kung Ming-hsin (龔明鑫) on March 10 said that the nation had no imminent
Some robotaxi passengers were left stranded in the middle of fast-moving traffic in a major Chinese city after their driverless vehicles stopped running, according to police and media reports on Wednesday. A preliminary investigation indicates more than 100 robotaxis came to a halt because of a “system malfunction,” police in the city of Wuhan said in a statement, without elaborating. No injuries were reported. One passenger told Chinese media that their robotaxi stopped after turning a corner. An instruction on a screen read: “Driving system malfunction. Staff are expected to arrive in 5 minutes.” After no one showed up, the passenger pushed
RSS