Labor Force Participation Rate in Taiwan remained unchanged at 59.21 percent in November from 59.21 percent in October of 2019. Labor Force Participation Rate in Taiwan averaged 58.61 percent from 1978 until 2019, 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.

Labor Force Participation Rate in Taiwan is expected to be 59.40 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 59.80 in 12 months time. In the long-term, the Taiwan Labor Force Participation Rate is projected to trend around 60.10 percent in 2020, according to our econometric models.


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Taiwan Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
59.21 59.21 61.21 57.06 1978 - 2019 percent Monthly
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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.

Taiwan Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.72 3.73 6.02 1.04 percent [+]
Employed Persons 11516.00 11516.00 11516.00 6068.00 Thousand [+]
Unemployed Persons 447.00 446.00 659.00 71.00 Thousand [+]
Labor Force Participation Rate 59.21 59.21 61.21 57.06 percent [+]
Labour Costs 90.02 85.47 289.35 64.98 points [+]
Productivity 109.02 106.02 116.43 20.29 points [+]
Minimum Wages 23100.00 22000.00 23100.00 2400.00 TWD/Month [+]
Wages in Manufacturing 49023.00 46540.00 95165.00 1789.00 TWD/Month [+]
Population 23.58 23.57 23.58 15.93 Million [+]
Wages 47998.00 46666.00 94136.00 7902.00 TWD/Month [+]
Youth Unemployment Rate 12.86 13.05 16.28 2.42 percent [+]