Reported 8 months ago
On June 24, 2024, at 5:45 a.m., the Directorate-General of Budget, Accounting and Statistics of the Executive Yuan announced the statistics from the May labor force survey, revealing a decrease in the unemployment rate to 3.34%, marking a continuous decline over the past 3 months with a further 0.02% decrease from April, setting a new low for the same period in 24 years. The working population in May stood at 11.58 million, a slight increase from April, while the number of unemployed individuals decreased to 400,000. Various demographic breakdowns showed higher unemployment rates among younger age groups and individuals with a university education, with explanations highlighting the challenges faced by those entering the job market for the first time.
Source: YAHOO