By: Frances Huang
Taipei, Jan. 12 (CNA) The business outlook for the first quarter among employers in Taiwan weakened at a time when data showed signs that the local economic recovery is slowing, according to yes123 online job bank.
The net business optimism among employers for the January-March period fell to 2.9 percent, down from 7.6 percent in a similar survey conducted over the same period last year, indicting greater caution over the business climate, the survey found.
The first quarter figure was also down from 4.6 percent from a poll conducted in the fourth quarter of last year.
The poll, which measures confidence in the economy among employers, calculates net business optimism by subtracting the percentage of employers anticipating weakness in the economy from the percentage expecting an improvement. [FULL STORY]