Taipei's youth unemployment rate is the highest among all major cities in Taiwan, reaching 15.3% in the first half of the year. The city has launched a transportation subsidy for jobseekers, but so far uptake has been lower than expected.
Category
🗞
NewsTranscript
00:00New government data shows Taipei has the highest levels of youth unemployment out of Taiwan's
00:05major cities.
00:06The jobless rate among 15 to 24-year-olds in the capital reached 15.3 percent in the
00:12first half of the year.
00:14That's higher than in most other advanced economies.
00:17Industry sources say the city's rising cost of living and stagnant wages are keeping young
00:22workers from taking jobs that they feel are below their expectations.
00:26The Taipei City government in late March launched a transportation subsidy for job
00:29seekers to help boost employment in the city.
00:32The capital's mayor says they will now expand that program after the initial uptake fell
00:36far short of their target.