Taiwan sees April unemployment rate fall

Taiwan had 593,000 jobless citizens in April 2010, equivalent to an unemployment rate of 5.39% which decreased by 0.28pp on month and 0.37pp on year, according to statistics released by the Directorate-General of Budget, Accounting and Statistics (DGBAS) on May 24.

Taiwan's population aged 15 and over stood at 19.021 million in April, consisting of a 11.007 million labor force and 8.014 million non-labor force, with a labor participation rate of 57.87%, DGBAS indicated.

In April, Taiwan's unemployment rate was lower than the 9.9% in the US, 8.1% in Germany and Canada, 8% in the UK, but higher than the 5% in Japan, 4.4% in Hong Kong, 3.7% in South Korea and 2.2% in Singapore, DGBAS pointed out.

Taiwan unemployment rate: Breakdown by age group, April 2010
Age group	Labor participation rate	Unemployment rate
15-24	28.11%	12.61%
25-44	84.59%	5.66%
45-64	60.11%	3.54%