Sunday, July 22, 2007

Taiwan June Jobless Rate Probably Rose to 18-Month High on Slowing Exports

(Bloomberg) -- Taiwan's unemployment probably
climbed to the highest rate in 18 months in June as slowing
export growth prompted manufacturers to curb hiring.

The rate rose to 3.97 percent, matching the highest since
December 2005, from 3.95 percent in May, seasonally adjusted,
according to the median estimate of eight economists surveyed by
Bloomberg News. The rate was a six-year-low 3.83 percent in
October. The report is scheduled to be released today at 4 p.m.
in Taipei.


Read more at Bloomberg Emerging Markets News

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