Unemployment in Taiwan
Taiwan - UnemploymentAfter growth moderated in Q1, underlying momentum is easing in Q2. Pandemic-related restrictions in China and generally less favorable global demand conditions are weighing on the external sector and manufacturing. In May, the manufacturing PMI tumbled to a near two-year low and export growth waned, while export orders fell in April. Moreover, the non-manufacturing index plunged into contractionary territory in May, as record Covid-19 cases led to greater caution among consumers and firms. However, the government’s pivot towards living with the virus will limit the fallout. Despite surging caseloads, travel restrictions are being progressively eased, with the quarantine time for visitors cut to three days in June. In other news, Taiwan and the U.S. recently launched a trade “initiative”, signaling warming ties with Washington. However, the shift falls far short of a comprehensive trade deal.
Taiwan - Unemployment Data
5 years of economic forecasts for more than 30 economic indicators.
Taiwan Unemployment Chart
Source: Directorate-General of Budget, Accounting & Statistics.
|Bond Yield||0.69||1.28 %||Dec 31|
|Exchange Rate||29.91||0.07 %||Jan 01|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
July 8, 2022
Merchandise exports jumped 15.2% over the same month last year in June, on the heels of May’s 12.5% upturn.
July 6, 2022
Consumer prices increased 0.38% in June over the previous month, accelerating from May's 0.25% increase.
June 16, 2022
At its monetary policy meeting on 16 June, the Board of Directors of Taiwan’s Central Bank (CBC) increased the policy rate from 1.375% to 1.50%.
June 8, 2022
Merchandise exports rose 12.5% year-on-year in May, on the heels of April’s 18.8% upturn.
June 7, 2022
Consumer prices increased 0.24% over the previous month in May, which was below the 0.76% increase seen in April.