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Taiwan: Taiwan's adjusted jobless rate falls for 18th straight month

Taiwan: Taiwan's adjusted jobless rate falls for 18th straight month

Taiwan's seasonally adjusted unemployment rate fell for the 18th consecutive month in February to 4.59 percent, down 0.12 percentage points from January, according to the country's statistics bureau.

The country's nominal jobless rate, however, rose slightly for the month to 4.69 percent, up 0.05 percentage points from the previous month but down 1.07 percentage points from the same time last year, according to the Directorate General of Budget, Accounting and Statistics (DGBAS).

It was the first monthly increase in the country's nominal unemployment rate after six consecutive months of decline.

The jobless population in February was 522,000, 5,000 more than in January but the average 519,000 people out of work over the two months was down 111,000 from the same time last year.

DGBAS official Chen Min attributed the increase in the nominal jobless rate to the termination of temporary or short-term jobs before the Lunar New Year and to a rise in the number of workers changing jobs after the New Year.


Updated : 2021-05-13 03:12 GMT+08:00