#employment market

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Shocking Taiwan Unemployment Rate: Finding Truth in the 2015 Q3 Global Unemployment Report

The article analyzes the Q3 2015 global unemployment report, noting that Taiwan's unemployment rate was approximately 3.79%, falling between South Korea and the People's Republic of China, which indicates a healthy work capacity in Taiwan. It reviews Taiwan's unemployment history since 1979, pointing out that peaks mostly correlate with global financial crises, except for the high point in 2002 during Chen Shui-bian's administration. It also comments on Ma Ying-jeou's policy using the 22K scheme to control low unemployment.