Taiwan Unemployment Rate  Forecast


Unemployment Rate in Taiwan is expected to be 3.81 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 3.92 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.


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Taiwan Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 3.76 3.81 3.85 3.9 3.92 4.15
Employed Persons 11358 11362 11363 11362 11361 11351
Unemployed Persons 443 440 437 435 433 417
Labor Force Participation Rate 58.83 58.81 58.79 58.78 58.77 58.7
Labour Costs 114 105 105 105 105 105
Productivity 109 107 107 107 107 106
Minimum Wages 21009 21009 22000 22000 22000 24500
Wages in Manufacturing 52262 46500 42840 43700 45200 49400
Population 23.53 23.56 23.57 23.57 23.58 23.61
Youth Unemployment Rate 13.18 12.78 12.65 12.51 12.38 11.36
Wages 48429 48400 45230 46300 45620 50900