Date: January 22, 2016
Taiwan’s jobless rate was 3.78 percent in 2015, down 0.18 of a percentage
point from 12 months earlier to its lowest level in 15 years, according to the Directorate-General of Budget, Accounting and Statistics Jan. 22.
The latest DGBAS statistics revealed that this was the best result for the period since 2000, with the number of unemployed falling to 440,000, a decrease of 17,000 or 3.72 percent from a year ago.
Those with jobs tallied 11.2 million, up 119,000 or 1.08 percent, while the average time spent job-seeking was 25 weeks, or 0.9 of a week less than before. The labor participation rate went up 0.11 of a percentage point to 58.65 percent, the highest since 1996.
“Such encouraging numbers indicate that while the local job market was under pressure from a slack economy, the situation has not been as severe as anticipated,” said Chang Yun-yun, deputy director of the DGBAS Department of Census. [FULL STORY]