Happy Living and Good Jobs in Pingtung, Youth in Pingtung Has Been Seeing Steady Wage Growth for the Past Five Years

According to the Pingtung county government, The industrial structure of Pingtung County tends to focus on agriculture and fishing, and it has been one of the biggest agricultural counties in our nation. In recent years, the Pingtung county government has been aggressively promoting tourism and making an effort to invite listed companies to invest and build plants in Pingtung. The job opportunities in Pingtung are getting diverse, which contributes to the higher demand for skills and wage standards.

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Generally, Pingtung job seekers’ salary would be NT$8500 higher as compared to those holding a university degree. (Photo / Retrieved from the Pixabay)

According to the Employment Status and Salary Market for College Students conducted by the Ministry of Labor, the contribution of the new labor pension system for workers aged 25-29 years old indicates that wages have been growing steadily in Pingtung County for the past five years with a 16.0% growth rate (from NT$25,463 in 2016 to NT$29, 549 in 2020). It is higher than the national growth rate (the national average contribution wages under labor pension in 2016 was NT$31,056 and NT$35,578 in 2020, a growth rate of 14.6%). Furthermore, based on the analysis of the summary of contribution wages under the new labor pension system, the wage growth rate for the most recent three years in Pingtung County is 8.47%, the top two highest growth rates in the nation. The dedication and hard work of the county government in promoting the local industry transformation is starting to work.

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The higher the degree of education, the greater the salary increase. (Photo / Retrieved from the Pixabay)

The county government also encourages young people to start their own businesses. For this reason, in addition to the Youth Start-Up Hub and the Craftsman Residential District, the county government offers start-up services and courses to help youth to start their business successfully, plans and promotes various kinds of youth empowerment plans, and provides incentives for youth to seek job opportunities in Pingtung. All the hard work is starting to pay off. According to the statistics provided by the Directorate-General of Budget, Accounting and Statistics, the average unemployment rate for youth in Pingtung had always been a little higher than the national average unemployment rate. Yet, in 2020 the unemployment rate for people aged 25-29 was 5.8%, a little lower than the national average rate of 6.5%. This indicates that all the plans and projects launched to reduce youth unemployment have started to work. Moreover, the Employment Information on College Graduates shows that 34.32% of the new graduates decided to stay in their hometown to seek job opportunities in 2020, which is a record high.