Labor demand slows in H2: DGBAS
The China Post news staffTAIPEI, Taiwan -- Labor demand has slowed in the second half amid an economic slowdown, according to an August poll released by the Directorate General of Budget, Accounting and Statistics (DGBAS) yesterday.
December 28, 2012, 12:46 am TWN
According to the poll, by the end of August the number of employed in the manufacturing and service sectors totaled 69.45 million, a rise of 86,000 or 1.26 percent compared to August of last year.
However, the poll found in August, workers in demand totaled 175,845, a decline of 15,000 compared to the same period last year and translating into a labor shortage ratio of 2.47 percent, a decline of 0.23 percent year-on-year.
Compared to February this year, the 175,845 figure was a reduction of 26,000, or 0.38 percent.
“This means fewer laborers were needed in the second half than in the first,” the DGBAS said.
In fact, a reduction in manpower demand has become a trend as the labor shortage ratio declined from 2.82 percent in August 2010 to 2.7 percent in August 2011. The figure rose to 2.85 back in February, only to drop to 2.47 percent in August this year.
By industry, labor demands are the highest in the semiconductor industry, with 13,277 workers needed, the poll found. It attributed the stronger demand to rising orders that semiconductor firms have received and must fulfill.