The China Post
Date: July 23, 2016
By: John Liu
TAIPEI, Taiwan — Due to new graduates entering the workforce, the unemployment rate in June
Staff work at a convenience store in Taipei on Friday, July 22. The unemployment rate stood at 3.92 percent in June, the government has reported.(John Liu, The China Post)
rose 0.08 percentage points to 3.92 percent, according to a government census report.
The jobless rate was up 0.21 percentage points compared with the same period last year, the Directorate General of Budget, Accounting and Statistics (DGBAS, 主計處) said today.
The slow economy appeared to have exacted a toll on the job market, as indicated by the first January-June unemployment rate increase since 2010. The first-half figure was 3.89 percent, up 0.21 percentage points from last year.
Taiwan’s unemployment rate remained the highest among its neighbors. According to the DGBAS, the rate is 3.7 percent in South Korea, 3.4 percent in Hong Kong, 3.2 percent in Japan and 1.9 percent in Singapore. [FULL STORY]
