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Real wages in Taiwan Reaches 4-Year High, Surpassing Inflation
TaiwanPlus News
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12/11/2024
Taiwan's average real wages, adjusted for inflation, have clocked in the highest growth in four years. However, almost 70% of workers are earning below average regular wages.
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00:00
New official data shows real wage growth in Taiwan has outpaced inflation,
00:04
marking the highest uptick in four years. Average real regular wages adjusted for
00:11
inflation rose by 0.5 percent in the first 10 months of this year. Real total wages,
00:17
which include overtime and bonuses, increased by over 1.8 percent. Both figures represent
00:23
four-year highs. But another figure is causing concern. Almost 70 percent of workers are earning
00:30
below average regular wages. Officials are pointing to Taiwan's high-paying electronics
00:36
industry, which has been booming, with more bonuses being handed out, skewing the numbers.
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