Thursday, June 21, 2007

Taiwan's Jobless Rate Probably Fell to Near 6-Year Low in May, Survey Says

(Bloomberg) -- Taiwan's unemployment probably fell in
May to close to the lowest rate in six years as Chinatrust Financial
Holding Co. and other financial services companies hired extra
workers.

The seasonally adjusted rate declined to 3.9 percent from 4
percent in April, according to the median estimate of 11 economists
surveyed by Bloomberg News. The rate reached 3.8 percent in
September and October, the lowest since February 2001. The report is
scheduled for release today at 4 p.m. in Taipei.


Read more at Bloomberg Bonds News

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