Taiwan’s manpower demand forecast to hit 7-year low

Focus Taiwan
Date: 2015/09/01
By: Zoe Wei and Evelyn Kao

Taipei, Sept. 1 (CNA) Work force demand in Taiwan is expected to rise by 26,802 between August and October, which represents a seven-year low for that three-month period, due mainly to a slowing global economy, according to a survey published Tuesday by the Ministry of Labor (MOL).

The survey of businesses with 30 or more employees found that 20.36 percent of employers would be willing to increase their workforce by the end of October, while 5.56 percent plan to reduce hiring of new employees, compared with the previous three months.

The total manpower demand from August to October is estimated at 43,900 workers, but demand for new employees will drop by 17,100, which means there is likely to be a net increase of 26,800 workers, according to the poll.     [FULL  STORY]