Taiwan Unemployment Rate  Forecast 2016-2020

Unemployment Rate in Taiwan is expected to be 3.87 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 3.85 in 12 months time. In the long-term, the Taiwan Unemployment Rate is projected to trend around 4.15 percent in 2020, according to our econometric models.

Taiwan Unemployment Rate
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Forecast Actual Q2/17 Q3/17 Q4/17 Q1/18 2020 Unit
Unemployment Rate 3.78 3.87 3.85 3.91 3.85 4.15 percent
Taiwan Unemployment Rate Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of Taiwan Unemployment Rate using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - Taiwan Unemployment Rate - was last predicted on Saturday, May 27, 2017.
Taiwan Labour Last Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 3.78 3.87 3.85 3.91 3.85 4.15
Employed Persons 11325 11341 11370 11398 11427 11738
Unemployed Persons 432 431 423 419 417 414
Labor Force Participation Rate 58.7 58.71 58.71 58.71 58.71 58.71
Labour Costs 89.63 107 106 105 105 105
Productivity 103 107 108 108 108 108
Minimum Wages 21009 21009 21009 21009 22000 24300
Wages in Manufacturing 41943 43269 43979 45875 42705 49935
Population 23.53 23.55 23.56 23.58 23.59 23.71
Youth Unemployment Rate 12.01 12.09 12.25 12.24 12.16 12.18
Wages 44144 45600 46000 48400 45230 50900