Taipei, Aug. 27 (CNA) Taiwan’s Ministry of Labor (MOL) on Wednesday unveiled a new youth employment support program, raising monthly allowances for first-time job seekers to NT$6,000 (US$196) and offering additional incentives for those who achieve stable employment.<\/p>\n
The program, set to take effect Sept. 1, is aimed at young people between 15 and 29 who are entering the job market for the first time.<\/p>\n
The MOL said it designed the initiative to address the risk of long-term unemployment caused by international trade factors such as tariffs.<\/p>\n
According to Huang Chiao-ting (\u9ec3\u5de7\u5a77), employment services division chief at the MOL’s Workforce Development Agency (WDA), about 85 percent of young workers find their first job within three months.<\/p>\n
But she said “instability” in the job market linked to “tariff policies and international circumstances” could make job hunting more difficult.<\/p>\n
The new program expands on the existing first-time job seeker stable employment program by shortening the required period of unemployment from 90 to 60 days.<\/p>\n
Huang said applicants must not be enrolled in school or engaged in full-time work and must have been unemployed for at least 60 consecutive days to be eligible for up to three months of financial support.<\/p>\n
Huang said those who find work during the support period and remain employed for 90 days can receive NT$20,000, while those who stay employed for 180 days may apply for an additional NT$10,000 of government money.<\/p>\n
MOL data shows that 20,015 people registered for the program in 2024, with 9,826 meeting eligibility requirements.<\/p>\n
Of those, 7,333 received allowances totaling NT$64 million, and 5,554 collected incentives totaling more than NT$140 million.<\/p>\n
(By James Thompson and Wu Hsin-yun) <\/p>\n
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