Taiwan to dominate recruitment demand in Asia-Pacific: survey

The Manpower Employment Outlook Survey (MEOS) revealed 37 percent of Taiwan enterprises will employ more staff in the second quarter of this year, Manpower said. The service said only 4 percent of the nation's enterprises will see a decline in future employment needs.

Industry in Expansion

Construction engineering and mining industries are forecast to offer the most job opportunities, according to Manpower. The service sector will offer the second largest amount of jobs, the outlook shows.

The survey covered 1,031 companies in Taiwan, showing that 37 percent of companies intend to hire new staff, 4 percent will see declines in workforce demand and 58 percent of the companies will remain the same. Manpower said this result shows Taiwan ranks number one in the Asia-Pacific region as well as in the global market in terms of recruiting new employees.

Bi-sheng Wu (吳璧昇), Manpower financial chief, said the forecast for the global economy is positive this year due to the easing of the euro debt crisis, the expanding economy in China as well as stable economic growth in the U.S. Three out of four companies worldwide are optimistic about the job market in the second quarter of this year, said Wu.

Wu said due to the lackluster economy in the past few years, most companies were not willing to hire more people, but now the tide will turn following these positive trends, leading to economic growth nationally and globally.

Human Resources

Employee talents have become the greatest advantage for most enterprises, said the chief. Wu said companies should plan out tactics to better organize human resources, which will in turn bolster long-term business development.

The survey shows 39 percent of companies in the construction engineering and milling industries are looking for new employees, with 32 percent of firms in the service sector hiring and 31 percent in the finance, life insurance and real estate sectors. Retail and wholesale have the least need to hire new staff, sitting at 28 percent, said the survey.

Compared to the last quarter, the construction engineering, milling, finance, life insurance and real estate industries all increased by 3 percentage points. Manufacturing remains the same, according to the survey.

Wu said in the future, it will be worth paying attention to the public transportation and public infrastructure industries, even though the two industries decreased 7 percentage points in terms of manpower demand. The chief said the government has been investing in public transportation including airways and international harbors, which are projected to see increasing labor supplies.

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