Asia

Squeezed by inflation and low salaries, Taiwan’s young adults see their dreams fading

SETTING YOUTHS ON THE RIGHT JOB PATH

There are also ways of mitigating the job situation, highlighted the experts who spoke to CNA Insider.

Hung said the issue of youngsters not considering their job prospects carefully enough when choosing what to study can be addressed by giving them early insights into professions and industries.

Most Taiwanese families, he said, tend to expect their children to enter university immediately after graduating from high school. He suggested that students could enter the workforce for a short while before going to university, to gain practical work experience.

“They can explore different career paths and discover areas of interest and potential for growth,” he said. “Once they have a clearer sense of their career direction, they can return to school.”

At the university level, Liu said existing internship programmes may vary in quality.

Students can be required, for example, to pay for the privilege of doing an internship. There have been media reports, on the other hand, of internships turning into forced labour for foreign students, prompting Indonesia to freeze recruitment in 2019 for a university internship programme in Taiwan.

“Taiwan lacks a screening mechanism, leading to inconsistent internship experiences,” said Liu. “In the long run, this can result in wasted time and money for students who gain little from their internships.”

Hence, she recommended that the Taiwanese government screen companies involved in internship programmes. She also suggested that the government step in to penalise companies that reap huge profits but pay their workers poorly.

The government has made money available for young people.

In 2019, the Executive Yuan approved a four-year programme to invest in their careers. This programme enhances career guidance and preparation for employment and gives job placement assistance to students nearing graduation, among other initiatives.

The second phase of the programme, which targets those aged 15 to 29, was launched in May with NT$16 billion earmarked to help 800,000 youths obtain jobs over the next three years in key industries experiencing labour shortage.

In a statement then, the Ministry of Labour said the unemployment rate among those aged 15 to 29 was 8.38 per cent last year, “the lowest level since the financial crisis”, which ended in 2009. The first phase of the youth employment programme helped 750,000 youths to find jobs, the ministry added.

Challenges abound, but young people like Wang have resolved to remain positive.

Source: CNA

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