3.35%2025 unemployment, 25-year low
11.65MEmployed, Jan 2026
34,000Semiconductor worker shortage
0.72Total fertility rate, 2025
1
A Tight Labor Market
Strong headline numbers, constrained supply
Labor force participation, Jan 202659.61%
Youth unemployment (age 20–24)11.62%
University graduates unemployed4.68%
Master’s degree holders unemployed3.17%
396,000unemployed persons in Jan 2026, down 2,000 month-on-month.
9.9%participation among those aged 65+, versus 36.3% in South Korea.
2
Employer Hiring Pain Points
Share of employers citing each challenge
Struggle to fill key positions71%
Insufficient candidate supply62%
Planning to increase headcount52%
High salary and benefit expectations51%
Intense competition for candidates51%
Companies with no succession plan54%
~23,000semiconductor vacancies open every month, against an estimated shortage of 34,000 chip workers as of May 2025.
3
Semiconductor and AI: The Epicenter
Taiwan sits at the heart of the global chip supply chain
68.8%global foundry market share in 2024
83%of the world’s AI chips produced in Taiwan
~50%global IC packaging and testing capacity
+55%R&D semiconductor openings, from 6,000 to 9,316 (Oct 2023 to May 2025).
+67%operations and technical support openings, roles hardest to fill remotely.
4
Wages and Compensation
Pay is rising, and job movers win most. Bars scaled to the 20% ceiling.
NT$29,500monthly minimum wage, Jan 2026 (10th straight rise)
NT$196hourly minimum wage, up 3.16%
2.47Mworkers benefit from the 2026 adjustment
Typical raise for employees who stay1–5%
Salary uplift, in-demand job movers5–20%
Salary uplift, semiconductor job movers15–20%
5
The Demographic Squeeze
A super-aged society since 2025
Aged 65 and aboveTaiwan crossed the super-aged threshold in 2025.
Working-age by 2070Projected decline, after peaking in 2015.
0.72fertility rate in 2025, lowest in the world
+74.2%projected elderly population growth by 2070
70%+willing to re-enter work after retirement, yet only 27% do
6
Foreign Talent and Healthcare
Policy levers and a nursing gap
8,318active Employment Gold Cards (Jan 2026); 14,669 approved since 2018.
2 yearsDigital Nomad Visa validity from Jan 2026, up from 6 months.
15–24Kestimated nurse shortage; 90% of hospitals cannot recruit enough nurses.
1,300medical school places per year, unchanged for 24 years.
7
What Professionals Want
Benefits and development drive retention
Prioritize bonus schemes95%
Stay longer with employers investing in career development94%
Prioritize flexible or remote work75%
Prioritize extended holiday entitlement73%
Semiconductor firms shifting to skills-based hiring73%
8
Strategic Takeaways
How employers can compete in 2026
- 1
Invest early in talent pipelines and reskilling, since workplace skills are projected to change 39% by 2030.
- 2
Close the expectation gap: movers can gain 5–20% while stayers see 1–5%.
- 3
Tap foreign talent, older workers and skills-based hiring to widen a shrinking candidate pool.
- 4
Compete beyond salary with career development, flexible work and a stronger employer brand.