The seasonally adjusted unemployment rate in Taiwan fell marginally to 3.76 percent in December of 2020 from 3.77 percent in the previous month, remaining at the lowest rate since March, as the economy gradually recovers from the COVID-19 crisis. The number of unemployed persons fell by 1 thousand to 450 thousand and employment increased by 2 thousand to 11.510 million. The labor force participation rate was nearly flat at 59.1 percent. source: National Statistics, Republic of China

Unemployment Rate in Taiwan averaged 3.09 percent from 1978 until 2020, 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 February 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. Looking forward, we estimate Unemployment Rate in Taiwan to stand at 3.70 in 12 months time. In the long-term, the Taiwan Unemployment Rate is projected to trend around 4.20 percent in 2022, according to our econometric models.

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Taiwan Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.76 3.77 6.02 1.04 1978 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-10-22 08:00 AM Sep 3.78% 3.83% 3.8%
2020-11-23 08:00 AM Oct 3.77% 3.78% 3.8%
2020-12-24 08:00 AM Nov 3.77% 3.77% 3.8%
2021-01-22 08:00 AM Dec 3.76% 3.77% 3.8%
2021-02-24 08:00 AM Jan 3.76%
2021-03-23 08:00 AM Feb
2021-04-22 08:00 AM Mar
2021-05-22 08:00 AM Apr


News Stream
Taiwan December Jobless Rate Edges Down to 3.76%
The seasonally adjusted unemployment rate in Taiwan fell marginally to 3.76 percent in December of 2020 from 3.77 percent in the previous month, remaining at the lowest rate since March, as the economy gradually recovers from the COVID-19 crisis. The number of unemployed persons fell by 1 thousand to 450 thousand and employment increased by 2 thousand to 11.510 million. The labor force participation rate was nearly flat at 59.1 percent.
2021-01-22
Taiwan Jobless Rate Steady at 3.77%
The seasonally adjusted unemployment rate in Taiwan was unchanged at 3.77 percent in November of 2020, remaining at the lowest rate since March, as the economy gradually recovers from the coronavirus pandemic blow. The number of unemployed persons was steady at 451 thousand and employment was unchanged at 11.508 million. The labor force participation rate was nearly flat at 59.1 percent.
2020-12-24
Taiwan Jobless Rate Falls to 7-Month Low in October
The seasonally adjusted unemployment rate in Taiwan declined for the fifth consecutive month to 3.77 percent in October 2020 from 3.78 percent in the previous month. It was the lowest jobless rate since March, as the economy gradually recovers from the coronavirus pandemic blow. The number of unemployed persons fell by 1 thousand to 451 thousand and employment was unchanged at 11.506 million. The labor force participation rate was nearly flat at 59.09 percent.
2020-11-23
Taiwan Jobless Rate at 6-Month Low
The seasonally adjusted unemployment rate in Taiwan fell for the 4th straight month to 3.78 percent in September of 2020 from 3.83 percent in August, reaching the lowest since March, as the economy gradually recovers from the pandemic blow. The number of unemployed persons decreased by 6 thousand to 452 thousand and employment increased by 12 thousand to 11.506 million. The labor force participation rate was nearly flat at 59.09 percent.
2020-10-22

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.