The seasonally adjusted unemployment rate in Taiwan retreated to 3.84 percent in October of 2021 from 3.92 percent in the previous month, the lowest since April. The number of unemployed persons decreased by 9 thousand to 457 thousand and the number of employed went up by 20 thousand to 11.444 million. Meantime, the labor force participation rate edged higher to 59 percent from 58.93 percent in September. source: National Statistics, Republic of China
Unemployment Rate in Taiwan averaged 3.11 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 November of 2021.
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. In the long-term, the Taiwan Unemployment Rate is projected to trend around 3.60 percent in 2022, according to our econometric models.