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Taiwan – Hiring demand to remain robust, says 104 Job Bank

08 December 2014

104 Job Bank (3130: TT), a Taiwan-based company primarily engaged in the operation of online recruitment websites, reported +28.4% more job adverts during November 2014 compared with the same month last year, reports The Taipei Times.

Looking forward to next year, the company expects the country’s job market to grow resiliently, an outlook it attributes to the mild economic growth forecast for next year, which it expects to fuel hiring demand among local businesses.

In a statement, the company advised: “Local employers have shown stronger than expected demand for new employees in the last quarter of the year, which is a traditionally weak season for hiring. This indicates that hiring demand remains robust.”

With economic growth expected to remain steady at about +3.5% next year, 104 Job Bank said a growing number of local firms are optimistic about hiring next year, which might indicate that these companies are to ramp up recruitment.

Based on the company’s latest survey, hiring demand in the electronics manufacturing industry has increased by +52% compared with the same period last year, followed by the traditional manufacturing sector with +42%.