Employment figures in the industrial and service sectors increased for the sixth consecutive month in November.
The government expects the number to drop further, with the upcoming Lunar New Year boosting domestic demand and businesses.
The wage hike is expected to benefit some 1,558,500 workers, which includes 1,097,700 Taiwanese and 460,800 foreigners.
The labour participation rate of people aged 50 and above is found to be significantly lower than that of Japan, South Korea and the US.
The Ministry of Labor (MOL) has announced that it will end a programme that allowed employers of migrant workers to apply for short-term extensions.
This marks an improvement from June’s high number of 31,000, which has fallen as the economic impact of COVID-19 has waned.
The Samsung-backed HR Tech startup now serves over 8,000 clients across Taiwan, Singapore and Malaysia, and plans to continue its expansion into the Asia-Pacific region.
The most popular reasons for desiring change were low pay, poor working conditions, and poor company prospects.
Taiwanese firms are now expected to give lower year-end bonuses for the upcoming Chinese New Year in early February.
Monthly salaries of new hires in Taiwan dropped from the previous year, with engineering graduates receiving the highest pay compared to others.
According to official data unemployment dropped 0.05 percentage points from a month earlier to 3.7%.
This out of a total of 5.24 million adults aged between 15 to 64, who are not part of Taiwan's shrinking workforce.
The average monthly take-home pay for Taiwanese employees increased by 2.56%.
The slight increase in bonuses is reflected by a reduction in the rate of increase from year to year.
The chairman of Hon Hai, better known as Foxconn, has brushed off reports of massive layoffs at the electronics manufacturing giant.
Companies are pushing back against Taiwan lawmakers who are proposing that companies appoint labour directors.
Accredited foreign professionals, including doctors, dentists, and pharmacists, soon may not need to take proficiency exams to start working in Taiwan.
Thanks to steady economic improvement, Taiwan's unemployment rate in September was as low as it's ever been in almost two decades.
Taiwan solar firms are seeking to survive the industry downturn by cutting jobs as part of efforts to streamline production.
New research shows young people in Taiwan are increasingly interested in pursuing careers in other parts of Asia.
Taiwan is eyeing Southeast Asia to replenish talent and expertise lost to Beijing - and to cope with the problems of an ageing population.
Raamann Ahuja, Senior Director HR for Thermo Fisher Scientific in SE Asia and Taiwan, talks about how HR business partners can create more strategic impact.