China Financial Daily

July 22, 2009

Taiwan’s unemployment rate in June close to 6% of the labor market to stabilize

Filed under: Financial News — Tags: — lily @ 9:19 am -0700

Taiwan’s unemployment rate in June close to 6% of the labor market to stabilize
Taiwan’s unemployment rate in June 5.94 percent, and then pushed to new highs.

Taiwan’s “Directorate General of Budget,” released this afternoon on the 22nd, “in June the results of a survey of human resources,” Huang Jianzhong, Deputy Secretary for four press conferences.

Huang Jianzhong, the employment of Taiwan in June to 10.244 million, representing an increase in May 3000, or 0.03 percent, the third consecutive month, showing an increase trend of increase than the 24,000 in March thousands of people, show the growth of the labor market to stabilize.

Huang Jianzhong expressed by graduates of the season into the workplace factors, the unemployment rate will rise in the summer each year, can not rule out the next two months will exceed 6 percent unemployment rate.

However, Huang Jianzhong pointed out that the Taiwan high unemployment rate close to, “should have is to falter.”

“Directorate General of Budget,” The statistics show that in June of Taiwan’s labor force participation rate of 57.79 percent, rising for two consecutive months; In addition, overtime hours in May than in April increased 0.7 hours, a fourth consecutive month is growing.

In June, “a result of tightening the workplace or business closed” and up to 355,000 unemployed people, a record high, but the lowest increase in recent months, slowing down for six consecutive months, only in June than in May increased a thousand people.

In addition, Huang Jianzhong said that after adjusting for changes in seasonal factors, the unemployment rate in Taiwan in June for 5.91%, although high, representing a 0.0 increase in May of a percentage point, but in May the same growth rate over the past decade months at a low increase in four months has been 0.1 percentage points lower than that.

“Directorate General of Budget,” also said that the authorities since October last year to promote employment measures by the executive branch in June, employment in the employment of 1,051,000 persons as compared with last year, 92,000 people increased in October.

According to “the Directorate General of Budget,” to provide neighboring countries with the latest unemployment rate: 9.5% United States, Hong Kong 5.4%, Japan 5.2%, South Korea 4%, Singapore percentile of 3.3

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