Reported 8 months ago
The Directorate-General of Budget, Accounting, and Statistics in Taiwan announced that the unemployment rate in May dropped to 3.34%, the lowest in nearly 24 years due to economic recovery and increased job opportunities, indicating a stable job market. However, the number of long-term unemployed individuals exceeding one year rose above 50,000 in May, raising concerns about possible difficulties in finding employment. The service sector continued to drive job creation post-pandemic, with notable increases in employment in accommodation and food services, healthcare, and support services in May.
Source: YAHOO