Taiwan seasonally adjusted unemployment rate was barely unchanged at 3.72 percent in January of 2019 from 3.7 percent in December. The number of unemployed persons went up by 2 thousand to 443 thousand and employment rose by 7 thousand to 11.474 million. Those detached from the labour force fell by 1 thousand to 8.252 million and the labour force participation rate was 59.08 percent, compared to 59.06 percent in December. 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 3.70 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
2018-11-22 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 3.72% 3.7% 3.70%
2019-03-22 08:00 AM Unemployment Rate 3.72% 3.70%
2019-04-23 08:00 AM Unemployment Rate 3.70%
2019-05-22 08:00 AM Unemployment Rate 3.70%


Taiwan Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.72 3.70 6.02 1.04 percent [+]
Employed Persons 11474.00 11467.00 11474.00 6068.00 Thousand [+]
Unemployed Persons 443.00 441.00 659.00 71.00 Thousand [+]
Labor Force Participation Rate 59.08 59.06 61.21 57.06 percent [+]
Labour Costs 219.34 111.59 289.35 64.98 Index Points [+]
Productivity 94.96 104.89 124.22 20.29 Index Points [+]
Minimum Wages 23100.00 22000.00 23100.00 2400.00 TWD/Month [+]
Wages in Manufacturing 95000.00 48337.00 95000.00 1788.00 TWD/Month [+]
Population 23.57 23.53 23.57 15.93 Million [+]
Wages 94152.00 50861.00 94152.00 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.72 3.70 6.02 1.04 1978 - 2019 percent Monthly
SA




Country Last Previous
South Africa 27.10 Dec/18
Spain 14.45 Dec/18
Turkey 13.50 Dec/18
Brazil 12.00 Jan/19
Italy 10.50 Jan/19
Argentina 9.00 Sep/18
France 8.80 Dec/18
Euro Area 7.80 Jan/19
India 6.10 Dec/18
Saudi Arabia 6.00 Sep/18
Canada 5.80 Feb/19
Indonesia 5.34 Sep/18
Australia 5.00 Jan/19
Russia 4.90 Jan/19
United Kingdom 4.00 Dec/18
China 3.80 Dec/18
United States 3.80 Feb/19
South Korea 3.70 Feb/19
Mexico 3.60 Jan/19
Netherlands 3.60 Jan/19
Germany 3.20 Jan/19
Switzerland 2.70 Feb/19
Japan 2.50 Jan/19
Singapore 2.20 Dec/18


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