Taiwan's unemployment rate continues to edge down in October

TAIPEI, Nov. 22 (Xinhua) -- Taiwan's unemployment rate continued to edge down in October as more fresh graduates secured jobs, the island's statistics agency said Wednesday.

The figure was 3.75 percent, 0.02 percentage points lower month on month and 0.2 percentage points lower year on year, according to the agency.

There were around 443,000 unemployed people in Taiwan in October, 2, 000 fewer than in September, and 11.38 million people with employment.

The unemployment rate of those with a college degree was 5.2 percent in October, the highest among all educational levels.

In terms of age, the unemployment rate of the 20-24 age group was the highest, followed by the 15-19 and 25-29 age groups, according to the agency.