Cross-strait wage gap is narrowing rapidly: AISP

Sun Houng, chairman of the Association of Industries in Science Parks (AISP), said the difference in workers' salaries on the two sides of the Taiwan Strait has narrowed considerably due to rising pay and labor shortages in China since the Chinese New Year holiday.

“This has prompted some Taiwanese firms to assess the possibility of looking for new blood in Taiwan,” Sun told reporters at a job fair co-sponsored by the AISP and the Hsinchu Science Park Administration in Hsinchu City. “That will help increase job opportunities in Taiwan.”

Premier Wu Den yih, who has vowed to step down if unemployment does not fall to below 5 percent by the end of this year, also paid a visit to the job fair and offered his best wishes to job seekers.

“After going through a hard year in 2009, all major economic indicators have turned for the better,” Wu said.

Benchmark companies such as Taiwan Semiconductor Manufacturing Co. United Microelectronics, and AU Optronics were all actively recruiting people at the fair, at which some 4,700 openings were available.

More than 6,500 job seekers flocked to the event despite the rain, with 1,506 landing jobs on the spot.

Some 61 percent of the job seekers were in the 26-35 age bracket, while 27 percent were 25 or younger. Two-thirds of the job seekers were males.

About 62 percent of the job seekers had a university education, while 12 percent held a master's degree. Another 16 percent were senior high school graduates, and 10 percent were graduates of junior colleges.

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