Taiwan jobless rate rises to over 7-yr high


Taipei, Jul 7 (IANS): Taiwan's unemployment rate has increased to more than a seven year high of 4.11 per cent, as tight Covid-19 curbs have directly impacted the job market, the country's statistics authority said.

May's jobless rate was the highest since November 2013, when it hit 4.16 per cent, reports Xinhua news agency.

The island's unemployed population rose to 489,000 in May, up 54,000 from April.

The service industry suffered the most from the epidemic, with 86,000 jobs shed.

Some 792,000 people had working hours of less than 35 hours per week in May, up 603,000 from a month ago.

Taiwan raised its alert level in May to control a spike in infections, limiting personal gatherings, closing entertainment venues and stopping restaurants from offering dine-in services.

  

Top Stories


Leave a Comment

Title: Taiwan jobless rate rises to over 7-yr high



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.