The unemployment rate last month increased by 0.13 percent to 4.54 percent, as college graduates poured into the labor market in the period, the Directorate General of Budget, Accounting and Statistics said in a statement yesterday.
After seasonal adjustments, the jobless rate was 4.57 percent last month, up 0.03 percentage points from May, the agency said.
There were 46,600 people out of a job, an increase of 45,700 from May, the statement said. For the first half of the year, the average jobless rate was 4.48 percent, a decrease of 0.55 percent from the same period last year, the agency added.
Though the job market has rebounding from the low it reached last August, when the jobless rate was 5.21 percent, a rise in the number of first-time job seekers drove the rate up slightly, with 12,000 graduates out of work, the statement said.
Nevertheless, they may need not worry too much. Market watchers such as Rocky Young (
Many of the vacancies are released to the high-tech, finance and service industries, he said. As companies have held large job fairs to recruit new employees, the jobless rate will go down this month, he said.
One large-scale job fair was held by Chinese-language magazine Career Consulting (
Yen Tai-shen (
Taiwan Transport and Storage Corp (TTS, 台灣通運倉儲) yesterday unveiled its first electric tractor unit — manufactured by Volvo Trucks — in a ceremony in Taipei, and said the unit would soon be used to transport cement produced by Taiwan Cement Corp (TCC, 台灣水泥). Both TTS and TCC belong to TCC International Holdings Ltd (台泥國際集團). With the electric tractor unit, the Taipei-based cement firm would become the first in Taiwan to use electric vehicles to transport construction materials. TTS chairman Koo Kung-yi (辜公怡), Volvo Trucks vice president of sales and marketing Johan Selven, TCC president Roman Cheng (程耀輝) and Taikoo Motors Group
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