The seasonally adjusted unemployment rate in Taiwan inched lower to 3.72 percent in March of 2021 from 3.73 percent in the previous month. It was the lowest jobless rate since February of 2020, as the number of unemployed persons fell by 5 thousand to 445 thousand, compared to the same month in the previous year, and the number of employed rose by 6 thousand to 11.529 million. Meantime, the labor force participation rate inched higher to 59.20 percent, from 59.19 in March of 2020. 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 May 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.

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Taiwan Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.72 3.73 6.02 1.04 1978 - 2021 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-22 08:00 AM Dec 3.76% 3.77% 3.8%
2021-02-25 08:00 AM Jan 3.75% 3.76% 3.8%
2021-03-22 08:00 AM Feb 3.73% 3.75% 3.8%
2021-04-22 08:00 AM Mar 3.72% 3.73% 3.8%
2021-05-24 08:00 AM Apr 3.72% 3.7%
2021-06-22 08:00 AM May 3.7%
2021-07-22 08:00 AM Jun
2021-08-24 08:00 AM Jul


News Stream
Taiwan Jobless Rate Inches Lower to 13-Month Low
The seasonally adjusted unemployment rate in Taiwan inched lower to 3.72 percent in March of 2021 from 3.73 percent in the previous month. It was the lowest jobless rate since February of 2020, as the number of unemployed persons fell by 5 thousand to 445 thousand, compared to the same month in the previous year, and the number of employed rose by 6 thousand to 11.529 million. Meantime, the labor force participation rate inched higher to 59.20 percent, from 59.19 in March of 2020.
2021-04-22
Taiwan February Jobless Rate at 1-Year Low
The seasonally adjusted unemployment rate in Taiwan dropped to 3.73 percent in February of 2021 from 3.75 percent in the previous month. It was the lowest jobless rate since February, as the economic activity recovers amid eased concerns over the COVID-19 pandemic. Still, the number of unemployed persons rose by 8 thousand to 446 thousand while the number of employed went down by 6 thousand to 11.521 million. Meantime, the labor force participation rate remained steady at 59.14 percent.
2021-03-22
Taiwan Jobless Rate Edges Down to 11-Month Low
The seasonally adjusted unemployment rate in Taiwan edged down marginally to 3.75 percent in January of 2021 from 3.76 in the previous month. It was the lowest jobless rate since February, as the number of unemployed persons fell by 2 thousand to 438 thousand and employment was little changed at 11.527 million. Also, the labor force participation rate was nearly flat at 59.14 percent.
2021-02-25
Taiwan December Jobless Rate Edges Down to 3.76%
The seasonally adjusted unemployment rate in Taiwan fell marginally to 3.76 percent in December of 2020 from 3.77 percent in the previous month, remaining at the lowest rate since March, as the economy gradually recovers from the COVID-19 crisis. The number of unemployed persons fell by 1 thousand to 450 thousand and employment increased by 2 thousand to 11.510 million. The labor force participation rate was nearly flat at 59.1 percent.
2021-01-22

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.