The seasonally adjusted unemployment rate in Taiwan turned higher to a seven-month high of 3.73 percent in May of 2022, from 3.68 percent in the previous month, amid its worst virus wave since the beginning of the pandemic. The number of unemployed persons rose by 4 thousand to 441 thousand, and the number of employed dropped by 34 thousand to 11.402 million. Meanwhile, the labor force participation rate edged down to 59.15 percent in May, from 59.23 percent in the prior month. source: National Statistics, Republic of China

Unemployment Rate in Taiwan averaged 3.11 percent from 1978 until 2022, 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 July of 2022.

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. In the long-term, the Taiwan Unemployment Rate is projected to trend around 3.71 percent in 2023, according to our econometric models.

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Taiwan Unemployment Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-05-23 08:00 AM Apr 3.68% 3.7% 3.7%
2022-06-23 08:00 AM May 3.73% 3.68% 3.69%
2022-07-22 08:00 AM Jun 3.73%


Related Last Previous Unit Reference
Unemployment Rate 3.73 3.68 percent May 2022
Population 23.55 23.59 Million Dec 2020

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.
Actual Previous Highest Lowest Dates Unit Frequency
3.73 3.68 6.02 1.04 1978 - 2022 percent Monthly
SA

News Stream
Taiwan Jobless Rate at 7-Month High
The seasonally adjusted unemployment rate in Taiwan turned higher to a seven-month high of 3.73 percent in May of 2022, from 3.68 percent in the previous month, amid its worst virus wave since the beginning of the pandemic. The number of unemployed persons rose by 4 thousand to 441 thousand, and the number of employed dropped by 34 thousand to 11.402 million. Meanwhile, the labor force participation rate edged down to 59.15 percent in May, from 59.23 percent in the prior month.
2022-06-23
Taiwan Jobless Rate Edges Lower
The seasonally adjusted unemployment rate in Taiwan went down to 3.68 percent in April of 2022, from 3.70 percent in the previous month. The number of unemployed persons decreased by 3 thousand to 437 thousand people, and the number of employed dropped by 20 thousand to 11.436 million. Meanwhile, the labor force participation rate stood at 59.23 percent in April, unchanged from the prior period.
2022-05-23
Taiwan Jobless Rate Edges Higher
The seasonally adjusted unemployment rate in Taiwan edged up to 3.70 in March of 2022, from a four-year low of 3.67 percent in the previous month. The number of unemployed persons decreased by 3,000 to 440 thousand people and the number of employed fell by 13 thousand to 11.456 million. Meanwhile, the labor force participation rate edged higher to 59.22 percent from 59.21 percent in the previous month.
2022-04-22