The seasonally adjusted unemployment rate in Taiwan rose to 4.76 percent in June of 2021 from 4.15 percent in the previous month. It was the highest jobless rate since October 2010 amid a resurgence of COVID-19 infections and the return of public health restrictions. The number of unemployed persons increased by 81 thousand to 570 thousand and the number of employed decreased by 97 thousand to 11.301 million. Meantime, the labor force participation rate edged lower to 58.76 percent from 58.7 percent in May. source: National Statistics, Republic of China
Unemployment Rate in Taiwan averaged 3.10 percent from 1978 until 2021, 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 2021.
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. Looking forward, we estimate Unemployment Rate in Taiwan to stand at 4.10 in 12 months time. In the long-term, the Taiwan Unemployment Rate is projected to trend around 4.20 percent in 2022 and 4.50 percent in 2023, according to our econometric models.