Unemployment Rate in Taiwan Slows

University Graduates Still Top The List Of Jobless

Amidst a whole host of issues surrounding the novel coronavirus (COVID-19) outbreak, and the effects this may have on jobs in Taiwan, the national unemployment rate appears to have slowed.

Across the Taiwan Strait in China, the epicenter of the outbreak, millions have been left at least temporarily unemployed with factories, stores and malls on lockdown, but this impact, to date has not been felt in Taiwan, with recent data released by the Directorate General of Budget, Accounting and Statistics (DGBAS) indicating that Taiwan’s employment rate has improved, albeit very slightly.

As such, the overall jobless rate for January stood at 3.64%, down 0.03% from figures released in December, 2019.

In figures published by Taiwan’s Central News Agency (CNA) earlier in the week, the unemployment rate across Taiwan in the first month of the year for those with a (university) degree stood at 5.22 percent, the highest in all surveyed education groups, although this figure was down 0.08% from a month earlier.

Individuals with a (graduate) degree, are currently faring better according to the DGBAS with just 2.88% currently unemployed, as are high school graduates with 3.43% of those looking for work at present without a job.

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