TAIWAN: New graduates lower job expectations

The number of new graduates willing to accept jobs that pay less than NT$20,000 (US$608) a month has doubled compared with the same period last year, a recent survey by the Council of Labour Affairs has showed, reports Shelley Huang for Taipei Times.

The survey, conducted by the council's online job bank Ejob website in June, sampled 13,503 fresh graduates. About 30% of respondents said they would accept monthly pay of below NT$20,000, compared with about 15% in a poll conducted in the same month last year.

Youth Labour Union 95 executive member Liou You-shine said that past surveys had never shown such lowered expectations. He panned the Ministry of Education's plan to subsidise businesses that hire fresh graduates at NT$22,000 per month.
Full report on the Taipei Times site