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Taiwan's Unemployment Rate Falls to 3.32% in August

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Taiwan's seasonally adjusted unemployment rate fell to 3.32% in August, according to data from the Directorate General of Budget, Accounting and Statistics released on Tuesday.

The reading was lower than the consensus forecast of 3.34% tracked by Trading Economics and compared with the 3.33% rate recorded in the previous month.

The total number of unemployed persons edged up by 2,000 month over month to 411,000, while the number of employed persons grew by 4,000 to 11.7 million.

Meanwhile, the labor force participation rate edged up by 0.03 percentage points to 59.69% compared with the prior month.

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