The seasonally adjusted unemployment rate in Taiwan was little changed at 3.71 percent in April of 2021, compared to 3.72 percent in March, returning to pre-pandemic levels. There were 444 thousand unemployed persons and 11.534 million employed, barely unchanged from last month. Meantime, the labor force participation rate was 59.23 percent. A year earlier, the unemployment was higher at 4.1 percent. source: National Statistics, Republic of China
Unemployment Rate in Taiwan averaged 3.09 percent from 1978 until 2021, 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. 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 - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.
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 4.10 in 12 months time. In the long-term, the Taiwan Unemployment Rate is projected to trend around 4.20 percent in 2022 and 4.50 percent in 2023, according to our econometric models.