Taiwan Job Market to Continue WorseningDemand and supply in Taiwan's job market is likely to continue to worsen in the years ahead, as the region strikes to develop a knowledge-based new economy, according to assessment made recently by local authorities.The report by a local economic planning council forecasts that gaps in manpower supply in the local job market will become even wider in the coming six years, with high-level white collar and grassroots-level blue collar sectors being the most affected. During the 2001-2006 period, the report said, there will be an average 20,000 positions for top-level executives, while the labor sector will need nearly 400,000 grassroots workers. However, around 9,000 mid-level entrants to the workforce from universities and colleges each year will be unable to find jobs, the report noted. High-level experts and business managers will be very popular, with an estimated 21,300 vacancies for such professionals annually in the coming years. The largest gap will appear in the market for grassroots labors such as fishermen, farmers and vendors, with only around 71,300 people available to meet an estimated demand for 507,500 such positions each year, the report said. |
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