Reported 10 months ago
The Ministry of Labor will hold a meeting in the third quarter of the year to discuss the minimum wage for the first time. On June 26, the Ministry of Labor will conduct a joint meeting to report on the current economic situation. Xie Shubo, chairman of the Labor Confederation, suggests tackling the labor shortage issue before raising the minimum wage, as most local workers already earn more than the minimum wage. The root problem lies in the labor shortage caused by low birth rates and insufficient manpower, especially in the tourism industry and remote areas. The discussion on the actual adjustment of the minimum wage is still pending as of the meeting, with a focus on economic growth rates and consumer price index data.
Source: YAHOO