Unemployment rate rose 4.08% last month

Taipei Times
Date: Sep 23, 2016
By: Staff writer, with CNA

The unemployment rate stood at 4.08 percent last month, up 0.06 percentage points from the previous month and up 0.18 percentage points from the year-earlier level, the Directorate-General of Budget, Accounting and Statistics (DGBAS) said yesterday.

After seasonal adjustments, the unemployment rate was 3.95 percent, it said.

The number of unemployed reached 480,000 last month, up 8,000 from a month earlier and an increase of 24,000 from a year earlier, it said.

The spike in the unemployment rate was the result of an increase in first-time jobseekers due to the graduation season and a rise in part-time jobseekers, Census Department Deputy Director Pan Ning-hsin (潘寧馨) said.     [FULL  STORY]

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