News
Under 30's earn highest ever income in 2023
Workers here under the age of 30 earned an average of just over NT$545,000 in 2023. The government says that figure is a new high and comes as the island's economy continues to improve.
According to the government, data shows individuals under the age of 30 earned an average of NT$545,931 last year, a figure which equates to about NT$45,000 a month.
The government says along with a stronger economy, average incomes were up due to a decline in the unemployment rate and the rise of the minimum wage while the government's move to issue NT$6,000 cash payments to citizens and certain foreign nationals also helped boost the average income in 2023.
Overall average incomes in Taiwan also hit a new high of NT$709,000 in 2023, up from NT$704,000 in 2022.
