Taiwan seasonally adjusted unemployment rate rose to 3.70 percent in December of 2018 from 3.69 percent in the previous month. The number of unemployed increased by 2 thousand to 441 thousand and employment went up by 4 thousand to 11.467 million. Meantime, the labor force participation advanced to 59.06 percent in December from 59.05 percent in the prior month. Unemployment Rate in Taiwan averaged 3.06 percent from 1978 until 2018, reaching an all time high of 6.02 percent in July of 2009 and a record low of 1.04 percent in February of 1979.

Unemployment Rate in Taiwan is expected to be 3.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Taiwan to stand at 3.90 in 12 months time. In the long-term, the Taiwan Unemployment Rate is projected to trend around 4.10 percent in 2020, according to our econometric models.

Taiwan Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-22 08:00 AM Unemployment Rate 3.7% 3.69% 3.7%
2018-11-22 08:00 AM Unemployment Rate 3.7% 3.7% 3.7%
2018-12-22 08:00 AM Unemployment Rate 3.69% 3.7% 3.7%
2019-01-22 08:00 AM Unemployment Rate 3.7% 3.69% 3.70%
2019-02-26 08:00 AM Unemployment Rate 3.7% 3.70%
2019-03-22 08:00 AM Unemployment Rate 3.70%
2019-04-23 08:00 AM Unemployment Rate 3.70%


Taiwan Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.70 3.69 6.02 1.04 percent [+]
Employed Persons 11467.00 11463.00 11467.00 6068.00 Thousand [+]
Unemployed Persons 441.00 439.00 659.00 71.00 Thousand [+]
Labor Force Participation Rate 59.06 59.05 61.21 57.06 percent [+]
Labour Costs 99.87 101.39 289.35 64.98 Index Points [+]
Productivity 118.46 108.05 124.22 20.29 Index Points [+]
Minimum Wages 23100.00 22000.00 23100.00 2400.00 TWD/Month [+]
Wages in Manufacturing 46928.00 44321.00 91089.00 1788.00 TWD/Month [+]
Population 23.57 23.53 23.57 15.93 Million [+]
Wages 46542.00 45632.00 93144.00 7902.00 TWD/Month [+]
Youth Unemployment Rate 12.29 12.78 16.28 2.42 percent [+]


Taiwan Unemployment Rate

In Taiwan, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Taiwan Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Taiwan Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.70 3.69 6.02 1.04 1978 - 2018 percent Monthly
SA




Country Last Previous
South Africa 27.50 Sep/18
Spain 14.55 Sep/18
Brazil 11.60 Nov/18
Turkey 11.60 Oct/18
Italy 10.50 Nov/18
France 9.10 Sep/18
Argentina 9.00 Sep/18
Euro Area 7.90 Nov/18
Saudi Arabia 6.00 Jun/18
Canada 5.60 Dec/18
Indonesia 5.34 Sep/18
Australia 5.10 Nov/18
Russia 4.80 Nov/18
United Kingdom 4.00 Nov/18
United States 3.90 Dec/18
China 3.80 Dec/18
South Korea 3.80 Dec/18
Netherlands 3.60 Dec/18
India 3.52 Dec/17
Mexico 3.40 Dec/18
Germany 3.30 Nov/18
Switzerland 2.70 Dec/18
Japan 2.50 Nov/18
Singapore 2.10 Sep/18


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