College graduates need additional skills: minister
CNATAIPEI--Labor Minister Pan Shih-wei said Wednesday that many college graduates now attend vocational training courses, which indicates that their degree studies leave them lacking in technical skills.
January 3, 2013, 12:02 am TWN
At present, 70 percent of those who receive training at the vocational training centers run by the Council of Labor Affairs are college graduates, the minister said.
The fundamental solution to the issue is to adjust the educational system because the number of college graduates today is much higher than it was 10 years ago, he said at a legislative session in which reform of the Labor Insurance Annuity system was discussed.
Reporters pointed out that average salaries have regressed and that office workers' actual pay at present is lower than it was 15 years ago, while unemployment among college graduates is high.
In response, Pan stressed the importance of allowing job seekers with a college degree to also obtain technical skills, saying that this could help them secure better salaries when they enter the workforce.
Based on statistics compiled by the Directorate General of Budget, Accounting and Statistics, a 4.58 percent unemployment rate was recorded among job seekers with a college degree or above during the January-November period of 2012, according to a local newspaper report.