Taiwan Labor Force Participation Rate - Forecast

Labor Force Participation Rate in Taiwan is expected to be 58.91 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Taiwan to stand at 58.83 in 12 months time. In the long-term, the Taiwan Labor Force Participation Rate is projected to trend around 58.88 percent in 2020, according to our econometric models.


Taiwan Labor Force Participation Rate
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Taiwan Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 3.67 3.75 3.81 3.92 3.96 4.15
Employed Persons 11414 11415 11406 11386 11362 11360
Unemployed Persons 434 442 442 440 440 441
Labor Force Participation Rate 58.93 58.91 58.87 58.84 58.83 58.88
Labour Costs 121 109 109 109 109 109
Productivity 107 113 109 108 102 110
Minimum Wages 22000 22000 22000 22000 23200 24500
Wages in Manufacturing 56309 43700 45200 47300 43000 49400
Population 23.57 23.59 23.6 23.6 23.61 23.71
Wages 60035 46300 45620 49100 45400 50900
Youth Unemployment Rate 11.78 12.16 12.19 12.2 12.2 12.2