Mixed picture for unemployment in February

Taipei--Taiwan's jobless rate in February edged slightly higher in February on a nominal basis but was relatively flat after being adjusted for seasonal factors, the Directorate General of Budget, Accounting and Statistics (DGBAS) reported on Wednesday.

The nominal unemployment rate was up 0.07 percentage points from January at 3.85 percent, but the seasonally adjusted jobless rate fell 0.01 percentage points from a month earlier to 3.83 percent, DGBAS figures showed.

Both rates were down 0.1 percentage points from a year earlier.

Some 453,000 people were unemployed in February, up 8,000 from January, which the DGBAS said was mainly caused by job shifts and the termination of temporary jobs after the conclusion of the Lunar New Year holiday in early February.

Source: Focus Taiwan News Channel