Labour Costs in Taiwan increased to 194.71 points in January from 90.69 points in December of 2019.

Labour Costs in Taiwan averaged 104.86 points from 1982 until 2020, reaching an all time high of 289.35 points in January of 1998 and a record low of 64.98 points in March of 2011. This page provides - Taiwan Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan Labour Costs - values, historical data and charts - was last updated on April of 2020.

Labour Costs in Taiwan is expected to be 98.60 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Taiwan to stand at 109.10 in 12 months time. In the long-term, the Taiwan Labour Costs is projected to trend around 109.10 points in 2021, according to our econometric models.

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Taiwan Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
194.71 90.69 289.35 64.98 1982 - 2020 points Monthly
NSA, 2006=100

Taiwan Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.70 3.71 6.02 1.04 percent [+]
Employed Persons 11532.00 11528.00 11532.00 6068.00 Thousand [+]
Unemployed Persons 444.00 445.00 659.00 71.00 Thousand [+]
Labor Force Participation Rate 59.21 59.22 61.21 57.06 percent [+]
Productivity 120.97 107.90 120.97 20.29 points [+]
Labour Costs 194.71 90.69 289.35 64.98 points [+]
Minimum Wages 23800.00 23100.00 23800.00 2400.00 TWD/Month [+]
Wages in Manufacturing 98828.00 50904.00 98828.00 1789.00 TWD/Month [+]
Population 23.60 23.59 23.60 15.93 Million [+]
Youth Unemployment Rate 12.11 12.55 16.28 2.42 percent [+]
Wages 102561.00 54433.00 102561.00 7902.00 TWD/Month [+]