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Taiwan's Jobless Rate Drops to 3.3% in April

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Taiwan's unemployment rate fell to 3.3% in April, down 0.04 percentage points from the previous month, according to data released by the Directorate General of Budget, Accounting and Statistics on Friday.

The seasonally adjusted unemployment rate also eased to 3.34% from 3.35% in March.

The number of unemployed persons stood at 397,000, decreasing by 5,000 from the previous month and by 2,000 from a year earlier.

The labor force participation rate slipped to 59.52%, down 0.05 percentage points from March but up 0.25 percentage points year on year.

Total employment declined by 6,000 to 11.6 million in April, down 0.05% from the previous month, though it increased 0.23% compared with a year earlier, the data showed.

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