By: Elizabeth Hsu
Taipei, June 1 (CNA) Recent government data indicates that on average university
graduates earned a monthly salary of NT$28,116 (US$932) in 2016, an increase of NT$461, or 1.67 percent on the previous year. Few young people in Taiwan, however, were cheered by the news, bemoaning the prospect of years working for low wages.
Survey results published by the Ministry of Labor (MOL) on Wednesday showed that the NT$28,116 earned by university graduates for their first job was the highest since 1991, when the ministry started its annual survey on wages in different occupations.
The previous high was recorded in 2000, when the average starting wage for a university graduate was NT$28,016 per month. In other words, average salary has increased by NT$100 a month over the past 16 years. [FULL STORY]