| Taiwan April unemployment rate hits 71-month low, says DGBAS | Taiwan had 449,000 jobless citizens in April 2014, equivalent to an unemployment rate of 3.91%, which was the lowest monthly level since June 2008. The rate dropped 0.12ppt on month and 0.16ppt on year, according to the Directorate-General of Budget, Accounting and Statistics (DGBAS).
Taiwan's population aged 15 and over stood at 19.676 million in April, consisting of 11.489 million for labor force with a labor participation rate of 58.39%, DGBAS indicated.
In April, Taiwan's unemployment rate was lower than that in France (10.4%), Canada (6.9%), the UK (6.8%), the US (6.3%), and Germany (5.1%) but higher than Japan (3.6%), South Korea (3.5%), Hong Kong (3.1%) and Singapore (2.1%), DGBAS said.
DGBAS: Taiwan unemployment rates by age group, Apr 2014
| Age group
| Labor participation rate
| Unemployment rate
| 15-24
| 28.63%
| 12.27%
| 25-44
| 86.78%
| 4.13%
| 45-64
| 61.50%
| 2.04%
| Source: DGBAS, compiled by Digitimes, May 2014
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