It certainly isn’t their top choice for a career, but an increasing number of college graduates in Taiwan have taken up an unlikely trade — street peddling.
This is so because of the low wages and high unemployment rate on the island, Xinhua reported Thursday, citing data from the island’s statistics authority.
As of 2013, college graduates made up 11.58 percent of Taiwan’s street vendors, up from 7.18 percent five years before, the official Chinese news agency said.
Street vendors don’t have to settle for low salaries or compete with other applicants for a corporate job. The trade offers them a higher level of freedom, a statistics official was quoted as saying. They are their own boss, and they can choose how many hours they have to spend at work.
The number of street vendors in Taiwan hit a record 491,000 in 2013, which means one in every 20 employed people was engaged in peddling, the report said.
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