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Taiwan's jobless rate drops in November

Taiwan's jobless rate drops in November

Taipei, Dec. 23 (CNA) Taiwan's jobless rate declined in November from a month earlier, reflecting an improving economy, the government's statistics bureau said Monday. The nominal unemployment rate slid 0.08 percentage points to 4.16 percent in November from a month earlier, according to figures released by the Directorate General of Budget, Accounting and Statistics (DGBAS). The seasonally adjusted rate fell 0.02 percentage points, compared with the month before, and 0.09 percentage points from a year earlier to 4.15 percent, the agency stated. The rate has hovered within the narrow range of between 4.15 percent and 4.20 percent throughout 2013. Taiwan had reported an unemployment rate of 4.24 percent in 2012. (By James Lee)