Taiwan – April unemployment lowest in 6 years

Thanks to the improved economy, Taiwan’s unemployment rate was pegged at 3.91 percent, the lowest point in about six years, according to a report released by the Directorate-General of Budget, Accounting and Statistics (DGBAS) yesterday. 

It was the first time for the unemployment rate to go below 4 percent since the financial crisis.

While companies usually dole out more job openings in March and April, this tendency was more obvious this year, according to the DGBAS, which adds that firms are offering better compensation in order to compete for talent.

The labor force grew to 11.04 million in April, while the retail and wholesale sector grew by more than 6,000, the highest among all industries.

via April unemployment lowest in 6 years – The China Post.