News Karnataka
Thursday, September 29 2022
Asia

Taipei: Taiwan’s jobless rate rises to new high

new high since November
Photo Credit : IANS

Taipei: Taiwan’s unemployment rate rose to 3.74 per cent in June, setting a new high since November 2021, the island’s statistics agency said on Sunday.

A total of 442,000 people on the island became unemployed in June, 8,000 or 1.87 percent, more than the last month, Xinhua news quoted the agency as saying.

The unemployment rate over the past six months is 3.66 per cent on average, down 0.27 percentage points from the same period last year, it added.

As fresh graduates began job hunting in June, the rising unemployment rate was partly attributed to a seasonal effect.

Also, many companies were forced to make cutbacks or even close down their business due to the lingering Covid-19 pandemic on the island.

According to the island’s disease monitoring agency, Taiwan has recorded more than 4.4 million Covid cases.

Meanwhile, 11,372,000 people on the island found employment in June, slightly more than the last month, while the average figure for the first half of this year was 11,422,000, declining 0.37 per cent year on year, according to the agency.

Share this:
MANY DROPS MAKE AN OCEAN
Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Leave a Reply

Your email address will not be published.

Visit 7Jackpots and find the best online casinos in India! Play the most popular casino games for real money!

Find the best odds at 10Cric and ipl betting 2021! Signup today and get up to a 100% deposit bonus.

To get the latest news on WhatsApp