Taiwan’s jobless rate in May dips to new low in 3 years

Focus Taiwan
Date: 2018/06/23
By: Chu Tse-wei and Frances Huang

Taipei, June 23 (CNA) Taiwan’s jobless rate for May fell to a new low in three years due to a continued economic recovery, which has helped the local job market improve further, according to the Directorate General of Budget, Accounting and Statistics (DGBAS).

In May, the local unemployment rate fell 0.01 percentage points from a month earlier to 3.63 percent, the lowest level since May 2015, when it stood at 3.62 percent, data compiled by the DGBAS showed.

After seasonal adjustments, the May jobless rate remained unchanged from a month earlier at 3.69 percent, the data indicated.

It was the third consecutive month for the unemployment rate to move lower on a month-on-month basis, which provided further evidence of a recovering economy at home.    [FULL  STORY]

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