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Taiwan – Most employers plan to hire new workers in Q4 (Focus Taiwan)

22 October 2020

The majority, or 70% of employers in Taiwan intend to recruit new workers in the fourth quarter of the year, as the domestic economy seems to be stabilising amid the country's effective efforts to contain the Covid-19 pandemic, reports Focus Taiwan. Citing data from 1111 job bank, it is suggested that, although the fourth quarter is usually a slow season in the job market, a higher percentage of employers plan to hire in the fourth quarter than they did in the peak second and third quarters, when the ratio was 66% and 67%, respectively. In Taiwan, many employees prefer not to change jobs in the fourth quarter of the year, before year-end bonuses are paid, while recruitment usually spikes in the second and third quarters as first-time jobseekers jump into the market, the job bank said. The job bank added that employers in the construction and property industry seem most eager to hire new workers in Q4, as the housing market has been showing signs of improving.