Stuck With Low Pay, How Taiwan’s Young Graduates Cope With High Costs | Asia’s Stuck Generation
Millennials in Taiwan are facing a new reality — high cost of living, stagnating wages and tougher competition for well-paying jobs. Despite getting university degrees, many are not better off financially than their parents’ generation. Some are just surviving, with no savings at the end of each month.
Unlike their parents, who entered the workforce in the 1980s during the golden era of wage growth in post-war Taiwan, youths today face single-digit economic growth and slow wage increases, amid overall inflation and the rising cost of housing.
CNA Insider follows the lives of a few ‘trapped’ youths to see what they’re doing to cope - including working up to 4 jobs, or going overseas to work in F&B jobs.
00:00 Intro
03:07 Super-commuting to save on rent
05:27 The low market pay for fresh graduates
09:40 Slow wage growth vs inflation in Taiwan over 10 years
11:39 Who are ‘Bei Piao’ or North Drifters?
12:10 What a NT$11,000 rental in Taipei looks like
13:23 One youth’s living expenses & zero savings
17:12 Why young Taiwanese are going overseas to work
20:39 Social housing as a solution
23:27 Hopes and dreams of Taiwanese youths
*24:43 This video was narrated by Grace Yeoh.
Have feedback or an idea for a story? Email cnainsider@
Also watch:
Millennials & Gen Z: Young And In Debt. Why? |Talking Point:
Why China’s Gen Zs And Millennials Are ‘Quiet Quitting’: The ‘Bai Lan’ Movement :
Hell Joseon: The Price Of Happiness In South Korea | Deciphering South Korea :
What’s The Cost Of Being The Hardest Workers In The World? | Deciphering Japan:
For more, SUBSCRIBE to CNA INSIDER!
Follow CNA INSIDER on:
Instagram:
Facebook:
Website:
1 view
171
25
3 weeks ago 00:04:02 1
Ich hatt einen Kameraden [German soldier funeral song][+English translation]
3 weeks ago 00:03:57 1
Don Toliver - BROTHER STONE (FEAT. KODAK BLACK) [Official Music Video]
1 month ago 00:04:45 1
Hollywood Undead - Hollywood Forever (Official Music Video)
1 month ago 00:03:19 1
BODY COUNT - F*** What You Heard (OFFICIAL VIDEO)
1 month ago 00:04:38 1
Starbomb - Kiss The Elden Ring (Official Music Video)
1 month ago 00:01:18 5
Hippo Crushes Buck That’s Stuck in Mud After Wild Dogs Chased It!
1 month ago 00:02:40 39
A Man on the Inside | Official Trailer | Netflix
1 month ago 00:02:40 1
Charlie Puth - Left And Right (feat. Jung Kook of BTS) [Official Video]
1 month ago 00:02:27 1
Polo G - (Lyrics)
1 month ago 00:34:11 1
1. Foreword: Interview with John Robb
1 month ago 00:03:33 1
Momma - Ohio All The Time (Music Video)
1 month ago 00:10:38 2
Why Power And Weight Affect eBikes | 2025 Merida eONE-EIGHTY and eONE-SIXTY SL First Look