Taiwan Unemployment rate

Variable: Unemployment rate

Note: Unemployment rate can be defined by either the national definition, the ILO harmonized definition, or the OECD harmonized definition. The OECD harmonized unemployment rate gives the number of unemployed persons as a percentage of the labor force (the total number of people employed plus unemployed). [OECD Main Economic Indicators, OECD, monthly] As defined by the International Labour Organization, unemployed workers are those who are currently not working but are willing and able to work for pay, currently available to work, and have actively searched for work. [ILO, http://www.ilo.org/public/english/bureau/stat/res/index.htm]

Units: Percent of total labor force

Country-specific Note: Source: CEIC Latest actual data: 2018 Employment type: National definition. Labor Force It is defined as those civilians who, during the reference week, are 15 years of age or over and who are available to work, including both the employed and the unemployed. Employed Population Including all persons who, during the reference week, work for pay or work for 15 hours or more as unpaid family workers. Unemployed Population Including all the persons who, during the reference week, are 15 years of age or over and under the following conditions: - No job - Available to work - Seeking for a job, or had sought work waiting for result. Besides, the unemployed population also includes the persons who are waiting to recall or start a new job but not working and paid yet Primary domestic currency: New Taiwan dollar Data last updated: 03/2019

Source: International Monetary Fund, World Economic Outlook Database, April 2019