Taiwan’s hiring outlook weakens in Q4

Focus Taiwan
Date: 2018/09/11
By: Chiu Po-sheng and Frances Huang

Taipei, Sept. 11 (CNA) Taiwan’s hiring outlook for the fourth quarter of this year weakened amid fears over escalating global trade tensions that could hurt demand and the pace of the world economic recovery, according to a survey released by U.S.-based advisory firm ManpowerGroup.

In addition, a decision made by the government to raise the minimum monthly wage by 5 percent and the minimum hourly wage by 7.14 percent from Jan. 1, also made employers here more cautious, the advisory firm said.

Citing the latest ManpowerGroup Employment Outlook Survey, which collected 1,039 valid questionnaires from employers in Taiwan, the advisory firm said the net hiring outlook stood at 21 percent in the October-December period, down 2 percentage points from a quarter earlier and from a year earlier.    [FULL  STORY]