Unemployment rate falls for sixth consecutive monthBy Crystal Hsu / Staff reporterThe nation’s unemployment rate last month dropped to 3.8 percent, falling for the sixth consecutive month, as fewer people quit their jobs, although more people became unemployed due to business downsizing or closures, the Directorate-General of Budget, Accounting and Statistics (DGBAS) said yesterday. The data represented a fractional 0.03 percentage point retreat from one month earlier as the effects of the COVID-19 pandemic continued to subside, but has not disappeared altogether, the statistics agency said. People with junior-high school education had the lowest unemployment rate at 2.66 percent. The unemployment rate was lowest for people aged 45 to 64 at 2.25 percent. Taiwan’s unemployment rate was higher than South Korea’s 3.7 percent and Japan’s 3 percent, but lower than Hong Kong’s 6.6 percent, the report said.

Source: Taipei Times November 23, 2020 15:56 UTC