Taiwan seasonally adjusted unemployment rate was barely unchanged at 3.72 percent in March of 2019 from 3.71 percent in February. The number of unemployed persons decreased by 5 thousand from the prior month to 438 thousand and employment rose by 5 thousand to 11.478 million. Meantime, the labor force participation rate edged down to 59.06 percent in March from 59.07 in February. Unemployment Rate in Taiwan averaged 3.06 percent from 1978 until 2019, 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 3.80 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 4.00 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
2019-01-22 08:00 AM Unemployment Rate 3.7% 3.69% 3.70%
2019-02-26 08:00 AM Unemployment Rate 3.72% 3.7% 3.70%
2019-03-22 08:00 AM Unemployment Rate 3.71% 3.72% 3.70%
2019-04-22 08:00 AM Unemployment Rate 3.72% 3.71% 3.70%
2019-05-22 08:00 AM Unemployment Rate 3.72% 3.70%
2019-06-24 08:00 AM Unemployment Rate 3.70%
2019-07-22 08:00 AM Unemployment Rate 3.80%


Taiwan Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.72 3.71 6.02 1.04 percent [+]
Employed Persons 11488.00 11483.00 11488.00 6068.00 Thousand [+]
Unemployed Persons 444.00 443.00 659.00 71.00 Thousand [+]
Labor Force Participation Rate 59.14 59.12 61.21 57.06 percent [+]
Labour Costs 88.22 165.53 289.35 64.98 Index Points [+]
Productivity 103.27 110.35 124.22 20.29 Index Points [+]
Minimum Wages 23100.00 22000.00 23100.00 2400.00 TWD/Month [+]
Wages in Manufacturing 43880.00 58523.00 95165.00 1789.00 TWD/Month [+]
Population 23.58 23.57 23.58 15.93 Million [+]
Wages 46530.00 54693.00 94136.00 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.72 3.71 6.02 1.04 1978 - 2019 percent Monthly
SA




Country Last Previous
South Africa 27.60 Mar/19
Spain 14.70 Mar/19
Turkey 14.70 Feb/19
Brazil 12.70 Mar/19
Italy 10.20 Mar/19
Argentina 9.10 Dec/18
France 8.70 Mar/19
Euro Area 7.70 Mar/19
Saudi Arabia 6.00 Dec/18
Canada 5.70 Apr/19
Australia 5.20 Apr/19
Indonesia 5.01 Mar/19
Russia 4.70 Mar/19
South Korea 4.10 Apr/19
United Kingdom 3.80 Mar/19
China 3.67 Mar/19
United States 3.60 Apr/19
India 3.53 Dec/18
Netherlands 3.30 Apr/19
Germany 3.20 Mar/19
Mexico 3.20 Mar/19
Japan 2.50 Mar/19
Switzerland 2.40 Apr/19
Singapore 2.20 Mar/19


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