IMPROVED OUTLOOK: DGBAS said Taiwan’s GDP beat third-quarter forecasts, while the holiday season might provide jobseekers with more seasonal opportunities

Taipei Times
Date: Nov 23, 2017
By: Crystal Hsu  /  Staff reporter
The nation’s unemployment rate stood at 3.75 percent last month, down 0.02 percentage points from September and the lowest level for October in 17 years, the Directorate-General of Budget, Accounting and Statistics (DGBAS) said yesterday.

Firms in service sectors might also hire more staffers ahead of the holiday season next month, lending support to the job market, it said.

“The job market is better this year compared with the same time last year due to continued economic improvement,” DGBAS Deputy Director Pan Ning-hsin (潘寧馨) told a media briefing.

Taiwan’s GDP increased by 3.11 percent in the third quarter, better than forecasts by research institutes at home and abroad, DGBAS said.    [FULL  STORY]