(CNA photo)
Taiwan's unemployment rate in 2020 was the highest in four years, but the labor market was still relatively stable compared to other countries as the COVID-19 pandemic took a toll on the global economy, Taiwan's statistics bureau said Friday.
Taiwan's jobless rate was 3.85 percent in 2020, the highest since 2017, when the figure was 3.76 percent, according to the Directorate General of Budget, Accounting and Statistics (DGBAS) on Friday.
Chen Hui-hsin (陳惠欣), deputy director of the DGBAS census department, said the latest figure was 0.12 percentage points more than in 2019 and 0.14 percentage points higher than in 2018. It was 3.92 percent in 2016 and 3.78 percent in 2015.
Unemployment during 2020 peaked at 4.07 percent in May, before gradually falling after that as fear of COVID-19 in Taiwan dissipated, Chen said.