The Ministry of Labor set this year's Equal Pay Day on 21 February, two days earlier than last year, based on estimates that women needed to work that far into the year to earn the same amount that men did last year.

In spite of lingering Covid-19 challenges in 2022, young adults under 30 have achieved a record high average annual income of NT$536,000.

Workers here under the age of 30 earned an average of just over NT$545,000 in 2023.

The debate around the need for a Universal Basic Income (UBI) often focuses on the staggering costs involved with such schemes, but as Artificial Intelligence (AI) and robotics make an ever greater impact on labour markets we may have no alternative.

By Lee Faulkner

The Ministry of Finance says the government has collected record amounts in taxes so far this year

The Water Resources Agency says surplus power generated by excess water released from a major reservoir has earned tens of millions in revenue.