RTTNews - Taiwan's jobless rate increased to a seasonally adjusted 5.77% in April from 5.72% in March, a report from the Directorate General of Budget, Accounting and Statistics showed Friday. Economists expected the rate to come in at 5.84%. The jobless rate has been increasing for the last three months. The number of unemployed persons rose to 628,000 in April from 622,000 in the previous month.
At the same time, the number of employed persons remained almost unchanged at 10.25 million in April from March. Meanwhile, the number of persons in the labor force increased slightly to 10.88 million in April from 10.87 million in the previous month. However, the labor force participation rate decreased to 57.86% from 57.88% in the preceding month.
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