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Companies have more hiring needs as economy recovers: survey

Companies have more hiring needs as economy recovers: survey

Taipei, Dec. 29 (CNA) The number of workers needed in August by local companies increased from six months earlier, showing that companies became more willing to recruit people as the economy recovered, the Cabinet- level Directorate General of Budget, Accounting and Statistics (DGBAS) reported Tuesday.
According to the latest employment survey conducted by the DGBAS, the number of workers needed by the manufacturing and service industries totaled 133,587 in August, down 12,000 from the same month of the previous year, but up 18,000 from February.
The DGBAS said unemployment was eased from early this year as the economic recovery has helped the country's exports and has increased companies' hiring needs.
As the economy continues to recover, Taiwan's jobless rate dropped for a third consecutive month in November to 5.86 percent -- the first time in more than five months it had dropped below 6 percent.
However, as the labor supply still exceeded demand, employers tended to require higher education levels when recruiting new employees, the survey results show.
The survey found that 43.1 percent of companies with labor shortages in August wanted to hire workers with college degrees, up 7.3 percentage points from a survey conducted at the same time last year.
(By Erin Ho and Fanny Liu)