Taiwan Jobless Rate Falls In October

(RTTNews) - The unemployment rate in Taiwan decreased somewhat in October, the Directorate General of Budget Accounting and Statistics reported Wednesday.

The seasonally adjusted unemployment rate came in at 3.41 percent in October, versus 3.44 percent a month ago. In the same period last year, the rate was 3.63 percent.

On an unadjusted basis, the jobless rate dropped to 3.43 percent in November from 3.48 percent in October. Unemployment decreased to 411,000 from 416,000.

Data showed that total employment increased by 17,000 from the previous month to 11.56 million. From the previous year, employment grew by 148,000 in October.