Taiwan's unemployment rate went up marginally to 3.73 percent in August 2019 from 3.72 percent in the previous month, as the number of unemployed rose slightly by one thousand to 446 thousand while the number of employed increased by 6 thousand to 11.512 million. The labor force participation rate edged up to 59.20 percent in August from 59.19 percent in the previous month. Unemployment Rate in Taiwan averaged 3.07 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 3.80 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 4.00 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
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2019-06-24 08:00 AM Unemployment Rate May 3.75% 3.73% 3.70%
2019-07-22 08:00 AM Unemployment Rate Jun 3.74% 3.75% 3.80%
2019-08-22 08:00 AM Unemployment Rate Jul 3.72% 3.74% 3.80%
2019-09-23 08:00 AM Unemployment Rate Aug 3.73% 3.72% 3.75%
2019-10-22 08:00 AM Unemployment Rate Sep 3.73% 3.80%
2019-11-22 08:00 AM Unemployment Rate Oct 3.90%
2019-12-21 08:00 AM Unemployment Rate Nov 3.90%


Taiwan Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.73 3.72 6.02 1.04 percent [+]
Employed Persons 11512.00 11506.00 11512.00 6068.00 Thousand [+]
Unemployed Persons 446.00 445.00 659.00 71.00 Thousand [+]
Labor Force Participation Rate 59.20 59.19 61.21 57.06 percent [+]
Labour Costs 110.56 91.47 289.35 64.98 Index Points [+]
Productivity 100.35 110.68 116.43 20.29 Index Points [+]
Minimum Wages 23100.00 22000.00 23100.00 2400.00 TWD/Month [+]
Wages in Manufacturing 59186.00 46900.00 95165.00 1789.00 TWD/Month [+]
Population 23.58 23.57 23.58 15.93 Million [+]
Wages 53017.00 48286.00 94136.00 7902.00 TWD/Month [+]
Youth Unemployment Rate 13.05 12.70 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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.73 3.72 6.02 1.04 1978 - 2019 percent Monthly
SA




Country Last Previous
South Africa 29.00 Jun/19
Spain 14.02 Jun/19
Turkey 13.90 Jul/19
Brazil 11.80 Aug/19
Argentina 10.60 Jun/19
Italy 9.50 Aug/19
France 8.50 Jun/19
Euro Area 7.40 Aug/19
India 6.00 Dec/18
Saudi Arabia 5.60 Jun/19
Canada 5.50 Sep/19
Australia 5.30 Aug/19
Indonesia 5.01 Mar/19
Russia 4.30 Aug/19
United Kingdom 3.90 Aug/19
Mexico 3.70 Aug/19
China 3.61 Jun/19
Netherlands 3.50 Aug/19
United States 3.50 Sep/19
Germany 3.10 Aug/19
South Korea 3.10 Aug/19
Japan 2.20 Aug/19
Singapore 2.20 Jun/19
Switzerland 2.10 Sep/19


Related

Latest