Taiwan's Unemployement

Unemployment occurs when people are without jobs and they have actively been looking for work within the past month. In 2009 Taiwan's current unemployment rate reached 5.9% from the previous rate of 4.1% unemployment in the year 2008. When being compared to the rest of the world Taiwan's unemployment rate of 5.9% was ranked fifty-fourth out of two hundred and two other different countries. The country ranked in the 202nd position was Zimbabwe with an unemployment rate of 95.00%. When being compared to countries that are geographically close to Taiwan such as China and Japan, their unemployment rate is slightly larger. China had an unemployment rate of 4.3%, which is close to Taiwan's unemployment rate in the previous year, and Japan had an umployment rate of 5.1%. Some regions of Taiwan are more poor than others, making it harder for them to seek work, while many women also decide not to seek out jobs and just stay at home to be homemakers. Taiwan's unemployement rate is not terrible, but it could be better. By expanding their job market and opening up more companies and manufactures, they would then be able to have many more open jobs and decrease their unemployment rate.