Monday, May 21, 2007

Taiwan's Unemployment Rate Probably Stayed Near Lowest Level in Six Years

(Bloomberg) -- Taiwan's jobless rate probably held
close to the lowest level in six years as credit-card issuers
such as Taishin Financial Holdings Co. added more workers to
regenerate business lost after incurring bad loans two years ago.

The seasonally adjusted rate was 3.9 percent in April,
unchanged from March, according to the median estimate of eight
economists surveyed by Bloomberg News. That was close to
September and October's 3.8 percent, the lowest since February
2001. The report is scheduled for release at 4 p.m. in Taipei.


Read more at Bloomberg Bonds News

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