I think this is more like help towards the parents -as most of these kids still live at home:
[quote]The Ministry of Education will grant a maximum annual subsidy of NT$10,000 to those jobless college or university graduates to support their return to school to receive further training courses, a top education official said yesterday…
Lu said the proposed “education coupons” are just virtual ones, unlike “shopping coupons” recently granted by the government to all nationals to stimulate domestic consumption.
Based on a preliminary enforcement plan by the MOEA, those college or university graduates, no matter how old they are, who have been forced to become jobless for over three months, will be allowed to apply for the education training subsidy if they want to return to school to receive further training courses.
[/quote]
http://www.chinapost.com.tw/taiwan/t-business/2009/02/04/194528/Maximum-NT%2410000.htm
And also:
[quote]Statistics from the Directorate General of Budget, Accounting and Statistics show college-educated people constitute about 40 percent of the nation’s unemployed — or 220,000 out of 549,000 people.
CEPD officials said the plan would seek to cut the number of unemployed people by 100,000 this year by encouraging them to return to campus and take courses on government funding.
…
An academic also questioned whether the plan would help college graduates find jobs.
“They [college graduates] were unable to find a job after studying in college for four years. Is it possible that they will find a job one year after going back to school?” said Tung Rei-pin (董瑞斌), dean of China University of Technology’s College of Business.
[/quote]
http://www.taipeitimes.com/News/front/archives/2009/02/04/2003435235
Mmm, I didn’t know there was already one program to susidize vocational training.
Actually, I hope this helps one of my Taiwanese friends. She was a manager in China, and has been unemployed since her return… three years ago (there was an interim there working for an international company that was a mess, but let’s not name names). No one here want to pay even close to what she was making… before she left. Now she’s given up and says she wants to go back to school next term to see if that helps.