China News Agency, Taipei, April 24 (Xinhua) -- The "General Accounting Office" of the Taiwan authorities announced on the 24th that the unemployment rate in March was 3.66%, rising for two consecutive months.

Youth between the ages of 20 and 24 have been the group with the fastest increase in recent unemployment.

  Comprehensive Central News Agency, United News and other Taiwanese media reported that the unemployment rate in March was seasonally adjusted to 3.7%.

The number of unemployed in the month was 435,000, an increase of about 1,000 from the previous month.

The number of employed persons was 11.44 million, a decrease of 18,000 from the previous month and a decrease of 81,000 from the same period last year. Among them, the service industry decreased by about 8,000, and the industry and agriculture decreased by about 6,000 and 4,000 respectively.

  According to reports, among the unemployed, the number of unemployed people who are dissatisfied with their original jobs and those who are unemployed for the first time have increased by about 6,000 and 1,000 respectively.

  However, the number of unemployed persons in Taiwan from January to March averaged 433,000 per month, a decrease of 7,000 from a year earlier.

  Zhongshi News reported that in March this year, the unemployment rate of Taiwanese youth aged 20 to 24 reached 12.48%, 3.4 times the average unemployment rate of 3.66%, a new high since September last year, and an increase of 0.63 percentage points over the same period last year. The age group with the fastest growing unemployment rate.

  Yin Naiping, a professor at the Department of Finance at National Chengchi University, believes that if the epidemic cannot be controlled in the short term, the youth unemployment rate will soar.

  Taiwan human resources expert Yang Zongbin said that after the epidemic heats up, the manpower needs of retail, catering, tourism and other service industries are relatively conservative, and it is expected that temporary job opportunities will be the first to reduce.

In such an atmosphere, it is more difficult for companies to open new vacancies.

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