BCN-14 Taiwan’s unemployment rate improving

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ZCZC

BCN-14

TAIWAN-UNEMPLOYMENT-RATE

Taiwan’s unemployment rate improving

TAIPEI, Aug. 24, 2019 (BSS/Xinhua) – Taiwan’s seasonally-adjusted
unemployment rate dropped 0.02 percentage points month-on-month in July to
3.72 percent, according to the island’s statistical agency.

The average unemployment rate for the Jan.-July period reached 3.70
percent, up 0.02 percentage points from the same period last year.

Across all age groups, people aged between 20 and 24 reported the highest
unemployment rate of 12.70 percent in July, mainly because they were mostly
working their first jobs and adjusting to the work environment. They were
followed by people aged between 15 and 19, for whom the jobless rate stood at
9.21 percent.

Individuals with a four-year college degree registered an unemployment
rate of 5.51 percent in July, the highest among people of all educational
backgrounds.

BSS/XINHUA/HR/1500