Taiwan unemployment rate falls to 3.87 pct in November

Taiwan unemployment rate falls to 3.87 pct in November

Taiwan’s unemployment rate was 3.87 percent in November, down 0.08 percent from October, and 0.04 percent lower year on year, the island’s statistics agency said Thursday.

There were around 455,000 unemployed people in Taiwan at the end of November and 11.3 million in employment, according to a statement on the agency’s website.

More university graduates landing jobs in the month were cited as the main reason for falling unemployment, the agency said.

The seasonally-adjusted rate of unemployment for the month was 3.84 percent, down 0.06 percent from October.