Job Openings in Taiwan Rise to 265,000 in Q3, 40% of Positions Open to Foreign Nationals
Taiwan’s job market saw significant growth in the third quarter of 2024, with an average of 265,000 job openings per month, marking a 10% year-on-year increase. According to data from 104 Job Bank, nearly 40% of these job vacancies were open to foreign nationals, highlighting the growing demand for international talent in the country’s workforce.
This surge in job opportunities reflects Taiwan’s robust economic recovery and its commitment to attracting skilled workers from around the world, particularly in sectors experiencing labor shortages.
Top Sectors Hiring Foreign Workers
The sectors with the highest number of job openings for foreign workers include hospitality, retail and wholesale, and the information, software, and semiconductor industries. According to 104 Job Bank, the breakdown of foreign worker openings by sector is as follows:
| Sector | Job Openings for Foreign Workers |
|---|---|
| Hospitality | 77,000 |
| Retail and Wholesale | 41,000 |
| Information, Software, and Semiconductor | 27,000 |
These industries continue to lead the charge in providing foreign nationals with employment opportunities, driven by Taiwan’s efforts to fill gaps in areas with high demand but insufficient local workforce.
Rising Demand for Foreign Talent
The total number of foreign nationals seeking employment in Taiwan during the July-September period reached 15,000, a 9% increase from the previous year. Notably, young adults under 30 represented nearly 60% of foreign job seekers, and 80% of them were college graduates.
The top three countries from which foreign job seekers came were:
| Country | Percentage of Foreign Job Seekers |
|---|---|
| Malaysia | 23% |
| Vietnam | 14% |
| Indonesia | 13% |
This influx of young, highly educated professionals suggests that Taiwan continues to attract a vibrant, diverse workforce. The rise in foreign job applicants is indicative of Taiwan’s role as a growing hub for international talent, particularly in sectors like customer service, marketing, and research and development.
Foreign Nationals’ Job Preferences
According to the data, 18% of foreign nationals applied for positions in customer service and trading companies, while 11% were interested in marketing planning and project management roles. Additionally, 9% of foreign job seekers sought positions in research and development.
This indicates a growing preference for roles that leverage both creative and technical skills, reflecting Taiwan’s thriving tech and service sectors.
104 Job Bank’s Efforts to Support Foreign Job Seekers
To further support foreign nationals looking to work in Taiwan, 104 Job Bank has created the 104 Foreigners Platform, specifically designed to help foreign college students and graduates find job opportunities. This platform allows job seekers to connect with Taiwanese employers and navigate the job market more efficiently.
In collaboration with the Overseas Community Affairs Council, the job bank is also offering internships and part-time job opportunities, further enabling foreign workers to integrate into Taiwan’s labor force.
Looking Ahead: Continued Growth in Job Openings
With Taiwan’s job market showing positive growth trends, the outlook for the remainder of 2024 and beyond appears strong. As Taiwan’s economy continues to recover and expand, it is expected that job openings will keep growing, particularly in sectors reliant on foreign talent.
FAQs About Taiwan’s Job Market for Foreign Nationals
1. What was the average number of job openings in Taiwan in Q3 2024?
In the third quarter of 2024, Taiwan saw an average of 265,000 job openings per month.
2. How many of the job openings were available to foreign nationals?
Approximately 40% of the job openings in Q3 were available to foreign nationals.
3. Which sectors had the most job openings for foreign workers?
The sectors with the most openings were hospitality (77,000), retail and wholesale (41,000), and information, software, and semiconductor industries (27,000).
4. Where did the majority of foreign job seekers come from?
The largest groups of foreign job seekers came from Malaysia (23%), Vietnam (14%), and Indonesia (13%).
5. How does the 104 Job Bank assist foreign job seekers?
The 104 Foreigners Platform helps foreign college students and graduates find job opportunities, and it collaborates with the Overseas Community Affairs Council to offer internships and part-time jobs.
Conclusion
Taiwan’s job market continues to thrive with a notable increase in job openings for both local and foreign workers. The rise in foreign job seekers and the growing availability of positions for foreign nationals reflect Taiwan’s strong economic performance and its efforts to attract skilled workers to meet the demands of its key industries.
