TAIPEI, Jan 22 (AFP): Unemployment in Taiwan fell to a seven-year low in 2014, indicating that the job market had stabilised as the economy improves, the government said Thursday.
The jobless rate sat at 3.96 per cent at the end of the year, the lowest since touching 3.91 per cent in 2007 and the first time it has been below 4.0 per cent since President Ma Ying-jeou took office in 2008 pledging to boost the economy and employment.
The per centage of unemployed people aged between 15-24, hit hardest by a slowdown in the economy over the past few years, also improved to a three-year low of 12.63 per cent from 13.17 per cent in 2013, the the Directorate General of Budget, Accounting and Statistics said.
"Taiwan's economy was stabilising and warming up so the number of employed people was growing and the job market was steady," Lo Yi-ling, an official at the agency, said. "We expect the employment situation to continue to improve as the economy is predicted to grow steadily in 2015," she added.
Taiwan\\\'s 2014 unemployment at 7-year low
FE Team | Published: January 23, 2015 00:00:00 | Updated: November 30, 2026 06:01:00
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