Good Morning World: Post-Holiday Job Hopping Settles, April Unemployment Hits 3.3%, Lowest in 26 Years

The Directorate-General of Budget, Accounting and Statistics announced that Taiwan's unemployment rate for April was 3.3%, a decrease of 0.04 percentage points from the previous month, marking the lowest level for the same month since 2001. Officials explained that the post-Lunar New Year job-hopping wave is nearing its end, indicating that job seekers have successfully found work. Meanwhile, the Taiwan Stock Exchange saw a significant rally this week, with the index closing at 42,267.97 points on the 22nd, setting a new record. The total market capitalization reached NT$137.88 trillion. In other news, labor and management at South Korea's Samsung Electronics reached a preliminary agreement, averting a strike. Samsung Chairman Lee Jae-yong visited Taiwan to meet with MediaTek CEO Rick Tsai. Additionally, the report covered stricter food advertising regulations in Taiwan and the distribution of TPASS 2.0 rebates.