The majority of employees in Taiwan are stressed over debt. That’s according to the survey results from the 1111 Job Bank.
The survey results show that close to 80% of Taiwan’s employees are either currently in debt, or have been in debt in the past. The results also show that 28% of the employees have at least one side job, and work 8.8 extra days per month.
The survey shows that, those who are in debt need to pay off more than NT$ 2 million (US$ 66,000) on average, and they spend 40% of their income paying off the debt.
The survey also reveals that debt has a tangible impact on their lives. Some have put off plans for marriage, others have made sacrifices in their social life.