Taiwan’s jobless rate rose in June due to COVID-19, graduation season

23-Jul-2021 Intellasia | FocusTaiwan | 5:02 AM Print This Post

Taiwan’s unemployment rate grew to 4.80 percent in June, spurred mainly by the COVID-19 situation and graduation season in the country, the directorate general of Budget, Accounting and Statistics (DGBAS) said Thursday.

The unemployment rate rose 0.69 percentage points in June from a month earlier and was the highest since November 2010, the DGBAS data showed.

Due to the COVID-19 outbreak and the entry of new graduates into the job market, the number of unemployed workers increased by 81,000 in June from a month earlier to 570,000, the DGBAS said.

After seasonal adjustments, the May unemployment rate was 4.76 percent, up 0.61 percentage points from a month earlier, the data showed.

According to the DGBAS, there were 11.301 million people employed in Taiwan in June, a decline of 97,000, or 0.85 percent, from a month earlier, as the local service sector was greatly affected by a spike in domestic COVID-19 cases that month.

https://focustaiwan.tw/business/202107220014

 

Category: Taiwan

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