Unemployment in Taiwan

Taiwan Unemployment | Economic News & Forecasts

Taiwan - Unemployment

The economy ended the year 2018 on a feeble note, as confirmed by national accounts data for the fourth quarter. Private consumption growth continued to soften in the period, while the ongoing weakness of the crucial external sector—primarily due to a slowdown in China and the cloud cast by the Sino-American trade war—was likely a main factor weighing on investment, which also slowed in the period. Nevertheless, the public sector cushioned the blow, with government consumption rebounding solidly, while the infrastructure investment package passed in the FY18 budget partially offset weaker business investment. Looking at Q1, the picture appears similarly bleak with the trade sector set to stay anemic. In January, the manufacturing PMI fell further due to tepid overseas demand, confirmed by the third consecutive decline in merchandise exports in January. Moreover, export orders in December tanked by more than ten percentage points after already declining in November, indicating that actual shipments will likely continue to fall in coming months.

Taiwan - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate4.2  4.0  3.8  3.9  3.8  

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Taiwan Unemployment Chart

Taiwan Unemployment
Note: Unemployment in % of active population.
Source: Directorate-General of Budget, Accounting & Statistics.

Taiwan Facts

Bond Yield0.831.28 %Mar 11
Exchange Rate30.910.07 %Mar 11
Stock Market10,2500.37 %Mar 11

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