College graduates need additional skills: minister

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.

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January 3, 2013    s91050221tina@

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Since the standard of living is now higher than ever, it is more difficult for college students and graduate students. Not only do they have to support themselves but also feed their families, the gap between rich and poor has become more and more obvious. In order to compete with others, college students must have at least one technical skill lest being isolated from their original boundary of professions.

January 3, 2013    KSB@

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I think citizens in Taiwan should be satisfied with the status quo right now. Compared to other countries, Taiwan is actually in good shape. For example, our unemployment rate is much lower than the Euro Zone and US (stands at 7.70 percent in November of 2012). With the government's hard work, we also suffered very little from the financial crisis. The salary of the college graduates is much lower than 15 years ago is understandable because the enrollment is nearly 100%. What the government should do is adjust the educational policy.

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