Income inequality in 2020 was the highest in eight years, with the top 20% of households earning 6.13 times that of the bottom 20%.
Among Taiwan’s middle-aged and older populations, some 5.74 million people were unemployed last year, citing reasons such as their age.
From August 23, workers whose income fell by at least 20% during July would be able to apply for the subsidy.
This was largely due to the improvement in employment in the F&B, wholesale and retail sectors, based on official data.
Taiwan's New Power Party (NPP) has raised the issue of employers using pandemic relief funds to pay their staff’s salaries.
Self-employed workers who earned less than NT$408,000 in 2020, and who have been impacted by the pandemic, will be eligible for subsidies.
Workers will now be eligible for handouts of up to NT$20,000 in subsidies over four months if they find a new full-time job.
More than double the expected 500,000 people had applied for COVID-19 relief loans from the Ministry of Labour (MOL).
72.59% of manufacturers want a business tax break, while 71.25% would like to receive wage subsidies to help them meet their payroll costs, a survey finds.
The Ministry of Labour (MOL) has temporarily lowered the number of rest hours workers must get between shifts from 11 to eight for four industries.
The subsidy package is set to benefit at least 7.3 million individuals, and will also be allocated to support various sectors.
The Cabinet is revising an economic stimulus bill to provide financial relief to two groups of self-employed people affected by the pandemic.
Taiwan’s legislature has passed a financial relief proposal that will see NT$840 billion set aside for direct payments and loans to citizens and businesses.
On Monday, it approved an additional NT$420 billion in stimulus spending to support the economy as business activities are curbed.
Selected workers and the self-employed in Taiwan can expect to receive subsidies ranging from US$361 to US$1,083.
The proposal would allow workers who have to take unpaid leave to take care of their children to apply for the subsidies.
The move to remote work comes as an increasingly number of COVID-19 infections are reported in Taiwan.
The Legislative Yuan has approved an amendment to an act that will lower requirements for foreign white-collar professionals seeking work in Taiwan.
Workers who receive the COVID-19 vaccine will be entitled to two days off work, according to the Central Epidemic Command Center (CECC).
Employers are required to sign their staff up for the insurance on their first day at work, regardless of company size, or face a fine of up to NT$100,000.
The amendment to the law would also allow foreign professionals to enjoy greater tax concessions, from the current three years to five years.
Despite the economic fallout from the pandemic, employees received the highest-ever average year-end bonus of NT$70,513 (US$2,478) last year.
The MOL has asked the Central Epidemic Command Center (CECC) to enact new laws allowing employees to take unpaid leave for vaccination.
The bill proposes that companies employing less than five workers must insure their staff for occupational accidents.
The number of employees in the industrial and service sectors at the end of January increased by 0.18% or 15,000 to 8.17 million from December 2020.
The Ministry of Labor (MOL) has said the demand for workers should rise in Q2 this year due mainly to the expansion in the electronics sector.
In its four-year plan, Taiwan's National Development Council (NDC) will focus on cultivating a digital talent pool, among other goals.
Taiwan’s average hourly gender pay gap fell from 17.1% in 2010 to 14% in 2020, which translates to a fall from 63 to 51 extra work days.
The Executive Yuan has passed a new Act to address the challenges of an ageing population and potential future labour shortages.
A survey by the Ministry of Labour (MOL) found that 71.2% of workers were generally satisfied with their jobs, with 3.7% being dissatisfied.
