Taiwan Jobless Rate Steady at 3.34%

2024-08-22 08:22 By Kyrie Dichosa 1 min. read

The seasonally adjusted unemployment rate in Taiwan stood at 3.34% in July 2024, unchanged from the previous month.

The number of unemployed persons stood at 401 thousand during the period, while employment rose 7 thousand to 11.612 million.

Meanwhile, the youth unemployment rate, measuring job-seekers between 20 to 24 years old, rose to 12.13%, up from 11.64% June, marking the highest reading since August 2023.

The labor force participation rate ticked higher to 59.32% from 59.29% in the previous month.

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