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Gov’t mulls raising minimum wage in light of economic climate

  • 14 May, 2014
  • Editor

Premier Jiang Yi-huah says the government will consider raising the minimum wage in light of Taiwan’s economic climate. Jiang was speaking Wednesday during a meeting of the ruling Kuomintang (KMT) central standing committee.

In his report on government performance, Jiang said the government has raised the minimum wage every year since 2011 and will work hard to do so in the future.

“We have raised minimum wage every year," said Jiang.

"The monthly minimum wage was recently raised to about 634 US dollars, up from 576 US dollars in 2008. On July 1st, that figure will be further increased to 642 US dollars. As for the hourly wage, it has been increased to 3.8 US dollars recently, up from 3.1 US dollars in 2008. That’s a big percentage increase."

Jiang said the government has also taken several steps to boost the job market. He said Taiwan’s jobless rate dropped to 4.03% in March, which is a gradual decrease from a peak of 6.13% reported in August of 2009. 

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