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Financial News: Taiwan Jobless Rate Rises Slightly In May

Taiwan Jobless Rate Rises Slightly In May

06/21/2017 - 23:56:00 (RTTNews)

(RTTNews) - Taiwan's unemployment rate increased marginally in May after falling in the previous month, data from the Directorate General of Budget Accounting and Statistics, or DGBAS, showed Wednesday.

The seasonally adjusted jobless rate edged up to 3.79 percent in May from 3.78 percent in April.

The number of unemployed people totaled 446,000 in May, unchanged from April. The labor force participation rate also remained stable at 58.82 percent.

On an unadjusted basis, the unemployment rate decreased to 3.66 percent in May from 3.67 percent in the preceding month.

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