Taiwan labor market 結果共20筆

Explore how the Year of the Dragon has influenced job market trends in Taiwan, with a surge in job openings and significant career shifts among workers.

Taiwanese companies are increasing their investments in Southeast Asian countries, capitalizing on the region’s rising consumer purchasing power and strategic economic opportunities. Investments under the New Southbound Policy have seen a dramatic increase in 2024, with significant contributions from key players like Foxconn.

This article discusses the challenges and governmental efforts surrounding the employment of older workers in Taiwan, focusing on participation rates, early retirement trends, and new incentives for re-entering the job market.

Yannick, the pioneer of Taiwan’s cream roll cake, is set to close six stores nationwide as part of its 2024 strategy adjustment due to labor shortages and high raw material costs. Despite this, Yannick Chairman Wu Tsung-en remains optimistic about the company’s operations and plans to launch 30 additional Yannick To Go Machine (YTM) cake vending machines. Founded in 2000, Yannick is known for being the first cake shop to specialize in slice cakes and later introduce the cream roll cake.

Learn about the Ministry of Labor’s initiative in Taiwan to support displaced women’s re-employment with a subsidy of NT＄30,000. Applications open on March 1 for the first half of 2024. Discover how the program aims to assist women in enhancing their professional skills and returning to the workforce after a hiatus. Apply between March 1 and May 31 for this opportunity.

Discover the latest employment incentive in Taiwan for retirees aged 45 and above. Learn how the Ministry of Labor’s NT$30,000 reward aims to boost job market reentry. Explore the initiative’s impact on labor participation rates among the over-55 age group.

Discover the changing traditions of Lunar New Year in Taiwan where the focus shifts from family reunions to earning extra income. Statistics indicate a high inclination to work during the holidays, with part-time jobs offering increased wages and students eagerly participating to maximize their earnings.

50 Lan, a renowned tea beverage chain in Taipei, is set to raise its prices in 2024 due to increased operational and sales costs. Influenced by ingredient costs and labor shortages, the hike marks a potential trend in Taiwan’s popular hand-shake beverage market.

TSMC chairman Mark Liu’s upcoming retirement in 2024 has led investment experts to suggest that the semiconductor giant should slow down the progress of its new manufacturing facility in the United States. Industry analyst Jonah Cheng believes that TSMC’s policy direction will remain unchanged under the leadership of chief executive C.C. Wei, who is expected to succeed Liu as chairman. Cheng also proposes maintaining a dual leadership structure to cultivate successors from various backgrounds. Speculation suggests that Liu’s retirement may be linked to potential investment challenges in the company’s U.S. expansion. In response to these challenges, Cheng recommends a deceleration in the construction of TSMC’s second U.S. plant. He also highlights the need to assess the current downturn in the car market and economic outlook before proceeding with the German plant focused on automotive applications. Cheng suggests that the Japanese facility could be an optimal choice due to labor and power shortages in Taiwan, as well as cultural similarities and strong government support from Japan. TSMC’s primary obstacle, according to Cheng, is maintaining its leadership position in the semiconductor industry, especially after surpassing Intel. Additionally, the cyclical nature of the industry and the potential opportunities presented by the rise of artificial intelligence (AI) applications pose further challenges for the company.

KMT campaign office spokesman, Chen Po-han, criticizes DPP’s Lai Ching-te for vague and inconsistent responses on key issues including a kindergarten drug administration case, ＂Trojan Horse＂ military exercises, and opening Taiwan’s labor market to Indian workers. Chen accuses Lai of spreading false information about Chinese students working in Taiwan and highlights the Ministry of National Defense’s military exercises simulating attacks by Chinese military aircraft hiding among civilian planes. The Taiwan FactCheck Center has debunked the rumor of opening up to 100,000 Indian workers. Chen defends Hou Yu-ih’s opposition to the ＂one country, two systems＂ framework and emphasizes his clear plans for various policy areas. This critique occurs in a politically charged atmosphere focused on misinformation and policy debates.

Taiwan’s Ministry of Labor has denied rumors of plans to introduce 100,000 Indian workers by the end of the year. Labor Minister Hsu Ming-chun clarified that the consideration of India as a new source of migrant labor is aimed at addressing domestic industry shortages and reducing reliance on traditional labor markets. Hsu emphasized that this approach has gained consensus among various sectors of society. Discussions are ongoing for the signing of a Memorandum of Understanding (MOU) with India, but no date has been determined yet. The number of workers to be recruited from India will be decided after evaluating the current condition and statistics of industries already permitted to employ foreign labor. The process will involve fixed quotas and a cautious, gradual opening. The primary aim of the plan is to diversify the countries from which Taiwan sources its labor force, with no specific issue concerning the number of workers from India. India would need to establish a talent database and provide language and skill training for potential migrant workers to meet the requirements. Taiwan is looking to expand its labor force to meet growing demand in key industries and maintain its competitive edge in the global market.

In November 2023, Taiwan’s job market saw significant growth with 1.04 million opportunities, led by the hospitality and ICT sectors. The hospitality industry notably increased salaries by 58%, reflecting broader workforce trends and the need for flexible work environments amid economic challenges.

Taiwan’s Ministry of Labor has denied rumors of plans to introduce 100,000 Indian workers by the end of the year. Labor Minister Hsu Ming-chun clarified that the consideration of India as a new source of migrant labor is aimed at addressing domestic industry shortages and reducing reliance on traditional labor markets. Hsu emphasized that this approach has gained consensus among various sectors of society. Discussions are ongoing for the signing of a Memorandum of Understanding (MOU) with India, but no date has been determined yet. The number of workers to be recruited from India will be decided after evaluating the current condition and statistics of industries already permitted to employ foreign labor. The process will involve fixed quotas and a cautious, gradual opening. The primary aim of the plan is to diversify the countries from which Taiwan sources its labor force, with no specific issue concerning the number of workers from India. India would need to establish a talent database and provide language and skill training for potential migrant workers to meet the requirements. Taiwan is looking to expand its labor force to meet growing demand in key industries and maintain its competitive edge in the global market.

This news story explores the challenges and opportunities in Taiwan’s aging workforce. As the country faces a demographic shift with a significant portion of its population aging, companies are grappling with the need to employ older workers. Key insights from Muji and Wowprime Corp employees, alongside data from the National Development Council, reveal the impact on Taiwan’s labor market and potential solutions to the looming labor shortage.

The campaign spokesperson for Democratic Progressive Party’s (DPP) presidential candidate Lai Ching-te, Chen Shih-kai, has called on Kuomintang (KMT) presidential candidate Hou Yu-ih to clarify his stance on allowing Chinese workers into Taiwan. Chen expressed concerns about the impact on the employment of Taiwan’s youth and requested an outline of supporting measures. This request for clarification follows Hou’s proposal to promote increased cross-strait exchanges, including opening up to Chinese tourists and students. Chen criticized Hou’s policy, suggesting it aimed to help alleviate China’s youth unemployment problems. He highlighted Taiwan’s strong economic abilities, contrasting it with Hong Kong’s declining stock market due to Chinese government control. Chen also criticized China’s lack of transparency regarding its economic downturn and high unemployment rate. He emphasized the importance of Taiwan’s economic development and integration with the global community, stating that the future direction of Taiwan depends on its leadership. These remarks reflect the DPP’s stance on maintaining a strong local economy and labor market while considering broader cross-strait policies and potential socioeconomic impacts.

Nien Hsing Textile Co., Ltd. announces the closure of its denim mill in Houlong Township, Miaoli County, due to significant operational losses. The Taiwan-based global jeans manufacturer faces challenges including fluctuating cotton prices and a tough consumer market.

Taiwan’s tourism industry is facing a significant labor shortage, prompting the government to consider introducing migrant workers into the hospitality sector. However, no specific timeline has been set for this proposal. Scholars and citizens have expressed concerns about potential job displacement and the negative impact on wages for local workers. Calls have been made for more efficient solutions to alleviate employee workload, rather than solely relying on wage increases. Professor Cheng Chih-yu of National Chengchi University (NCCU) emphasized that even with higher wages, the demanding nature and long hours associated with hospitality work may not attract job seekers. Similarly, Associate Professor Hsin Ping-lung of National Taiwan University (NTU) noted that the labor shortage has intensified workload in the hospitality industry, yet it has not attracted more workers. Professor Cheng suggested a cautious approach to the introduction of migrant workers, considering it as a last resort after exhausting all other means to address the problem. He expressed concerns that if the policy is relaxed, companies may opt for cheaper foreign labor, leading to the displacement of local workers and wage suppression. Additionally, the labor market for older workers and women seeking a second career could be affected.

Discover the rising trend of flexible working hours in Taiwan’s job market to combat labor shortages and cater to employee preferences. Learn how this shift impacts income, job satisfaction, and concerns about stability. Government, businesses, and professionals are urged to ensure worker rights and well-being.

Taiwan is becoming an aging society, leading to an uptick in retirees reentering the job market in recent years. Many elderly individuals express a desire to stay connected with society and experience personal growth.

More and more businesses in Taiwan have felt the impact of the nation’s declining birthrate as youth employment rates in the labor market continue to drop.