Economy > Regional

Taiwan's jobless rate rises to 3.68 pct in May

2022-06-24 12:25

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TAIPEI, June 24 (Xinhua) -- Taiwan's unemployment rate rose to 3.68 percent in May, setting a new high since November 2021, according to the island's statistics agency.

A total of 434,000 people on the island went jobless in May, 5,000 or 1.19 percent more than the last month, the agency added.

It attributed the rising unemployment to a surge of COVID-19 cases since April.

According to the island's disease monitoring agency, Taiwan has recorded more than 3.4 million local COVID-19 cases.

Also affected by the epidemic, nearly 16,000 people from approximately 2,500 companies in Taiwan have been on unpaid leaves, also creating a new record this year, according to the island's labor authority.
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