Related News
More Taiwanese lose jobs as rate hits 5.75%
Source: Agencies |
March 24, 2009, Tuesday
|
Print Edition
Print Edition
TAIWAN'S jobless rate hit a record 5.75 percent in February despite a multibillion dollar plan to create jobs and cushion the economic downturn, regulators said yesterday.
Of the total 624,000 unemployed workers, 53 percent lost their jobs due to company closures or layoffs.
Taiwan's electronics sector - the heart of its export-dependent economy - has been hit especially hard as demand has dropped sharply from the United States and other industrialized countries.
Labor Council Chairwoman Wang Ju-shiuan put part of the blame for the rising unemployment rate ?? up from 5.31 percent in January - on a failure to implement public works projects as scheduled.
Taiwan unveiled a NT$320-billion (US$9.5 billion) plan in early February to help create some 150,000 jobs in 2009.
Taiwan's economy shrank 8.36 percent in the final quarter last year, following a minus 1-percent drop in the third quarter.
Of the total 624,000 unemployed workers, 53 percent lost their jobs due to company closures or layoffs.
Taiwan's electronics sector - the heart of its export-dependent economy - has been hit especially hard as demand has dropped sharply from the United States and other industrialized countries.
Labor Council Chairwoman Wang Ju-shiuan put part of the blame for the rising unemployment rate ?? up from 5.31 percent in January - on a failure to implement public works projects as scheduled.
Taiwan unveiled a NT$320-billion (US$9.5 billion) plan in early February to help create some 150,000 jobs in 2009.
Taiwan's economy shrank 8.36 percent in the final quarter last year, following a minus 1-percent drop in the third quarter.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
