Taiwan Unemployment Falls Unexpectedly In June



Taiwan's unemployment rate decreased slightly in June, defying economist estimates for a rise, as the number of unemployed edged down, a government report showed on Tuesday. The jobless rate came in at 3.97 percent in June, marginally less than the 3.99 percent in May. Economists expected the rate to increase to 4 percent. The number of unemployed people fell to 457,000 in June from 460,000 in May. Meanwhile, the number of employed people remained at 11.07 million in June, the same as in May. The participation rate dropped further in June to 58.51 percent in June from 58.55 percent in May.

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