May Unemployment Rate Hits '24-Year Low' with 2 Key Factors Pointed Out by Scholar Over 50% Companies Plan to Increase Wages

Reported 8 months ago

On June 25, 2024, Taiwan TV news website reported that the latest unemployment rate announced by the Directorate General of Budget, Accounting and Statistics is 3.34%, a 24-year low. Scholars attribute the decrease to long-term labor shortages and a declining birth rate, while a recent survey shows that 93% of companies are actively recruiting and 55% are planning wage increases. Optimism for the third quarter rises to a 13-season high among both businesses and workers due to a strong job market and growing economy.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis