Labor Force Participation Rate in Taiwan increased to 59.09 percent in September from 59.07 percent in August of 2020.

Labor Force Participation Rate in Taiwan averaged 58.63 percent from 1978 until 2020, reaching an all time high of 61.21 percent in July of 1987 and a record low of 57.06 percent in May of 2001. This page provides - Taiwan Labor Force Participation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan Labor Force Participation Rate - values, historical data and charts - was last updated on October of 2020.

Labor Force Participation Rate in Taiwan is expected to be 59.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Taiwan to stand at 59.10 in 12 months time. In the long-term, the Taiwan Labor Force Participation Rate is projected to trend around 59.10 percent in 2021 and 59.20 percent in 2022, according to our econometric models.

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Taiwan Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
59.09 59.07 61.21 57.06 1978 - 2020 percent Monthly
SA

Taiwan Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.78 3.83 6.02 1.04 percent [+]
Employed Persons 11506.00 11494.00 11532.00 6068.00 Thousand [+]
Unemployed Persons 452.00 458.00 659.00 71.00 Thousand [+]
Labor Force Participation Rate 59.09 59.07 61.21 57.06 percent [+]
Productivity 118.49 107.47 119.54 20.29 points [+]
Labour Costs 87.24 105.22 289.35 64.98 points [+]
Minimum Wages 23800.00 23100.00 23800.00 2400.00 TWD/Month [+]
Wages in Manufacturing 51081.00 57709.00 99693.00 1789.00 TWD/Month [+]
Population 23.60 23.59 23.60 15.93 Million [+]
Youth Unemployment Rate 12.38 12.56 16.28 2.42 percent [+]
Wages 50866.00 55320.00 99084.00 7902.00 TWD/Month [+]


Taiwan Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.