Taiwan’s Labor Crunch Threatens Precarious Economic Recovery and Eateries (per economic news)

they can, but the minimum salary requirement will make it not practical.
5 star hotels can bring chefs from abroad, but for your local place its not worth it.

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Perhaps more upscale western style restaurants can bring in workers, they will just be more expensive.

I doubt your average rechao can do that.

Right. I think it’s $48k or something. Definitely a manager’s salary, not a server’s salary.

A few years ago, my son played football in a team with a Japanese kid. His dad was the head chef in the Japanese restaurant of one of the 5 star hotels downtown. That’s how I know that for upscale restaurants its possible.

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They are looking at the overseas students who have ARC’s and can legally work. Why would a Gold Card holder work at less than NT$200 an hour? lol

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Which I like as I am paid in US$

Local restaurants also have brought in chefs from overseas. It is not limited to 5 star hotels.

LOL A manager for 48K OK dream on.

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That’s not an unreasonable salary for a manager at most restaurants in most of Taiwan. Of course bigger and nicer restaurants will pay higher, depending on how many employees you manage.

true, last trip to EU, Euro exchange rate is bad for Taiwan vistors there

NTD is devalued on purpose, at great risk to the central bank I might add (as in getting them named as a currency manipulator), because Taiwan’s an export based economy and so a weaker currency is good for the economy here.

I prefer the NTD to be a bit weaker… because that means I get more money for translation work. Did I get a raise when the NTD was strong? no, and neither did any Taiwanese.

Yeah, because if you’re living in Taiwan, the cost of goods is still based on the cost of goods in TW, not the cost of goods when converted from USD or Euros. I didnt even see much change in prices of imported things (like at Costco or whatever Jason’s is called today) until inflation really started to pick up in the US and Europe, and even then, it’s kind of surprising how little prices have gone up here for imported goods compared to their costs in their home countries…

Because the TW government actually monitors the price of stuff and takes action to limit their sting on people, even paying to keep the price low if they have to (such as the egg imports).

America believes in free market and thinks the market will fix all problems, so makes no attempt at monitoring the price of stuff or does anything to influence them at all. So you get situations where egg can jump to 13 dollars a dozen for reasons. After all doing anything to influence the price of goods by government is socialism, and that’s bad.

That’s a dumb take. Euro became stronger against everything else because ECB started hiking interest rate. NTD remained stable against everything else.

yup. Financially. I would like to see Taiwan diversify a bit more though. there are pretty specific exports that pump up the numbers. would be awesome if we put some strength into other industries as well, especially those that are performing poorly. By strength I mean not just export quantity, but quality, long term viability/sustainability etc. this is the aspect I find more problematic. though I dont worry either about dollars anytime soon. I do worry long term.

(such as energy ~including food~) *

:wink:

That doesnt often last forever, and should probably be a bigger worry than it seems to be.

Also dealing with huge farm worker shortage. Don’t know the latest numbers.

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Not true, (and why is stronger Euro for Taiwan tourist?, its good foe business though)
Quid (UK Pound) paid 6% vs. Feb. trip, our company per diem is in £ so sovers most of the trip but shopping costs more with inflation too. Also Polish Zloty, my recent trip got less than planed it 10% higher. Also New Zealand dollar 8% more since October vs NT$

These are all European currencies so if euro is up, they go up as well. Except when Liz Truss was incumbent of course …

All the currencies you refer to are slightly up against USD, which is what NT$ is stable against, since their low point in October.

Pretty sure you can’t legally be evicted unless you’ve violated legal terms of a contract. But obviously I’m not a lawyer