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Taiwan – Seasonally adjusted jobless rate rises in July

23 August 2021

Taiwan’s seasonally adjusted unemployment rate rose to 4.36% in July 2021 from 3.90% in July 2020, according to data from the Directorate General of Budget Accounting and Statistics.

The seasonally adjusted unemployment rate declined by 0.40% on a monthly basis.

On a non-seasonally adjusted basis, compared with that of the previous year, the unemployment rate rose by 0.53% in July.

Total employment increased month-on-month by 63,000(+0.56%) in July to 11.36 million, however, it decreased by 134,000 (-1.16%) when compared with that of the previous year.

Compared with that of the previous year, employment in agriculture, the good-producing sector and the services-providing sector decreased by 5,000 (-0.94%), 27,000 (-0.66%) and 102,000 (-1.48%) in July, respectively.

The labour force participation rate rose by 0.19% to 58.95% in July; however, it declined by 0.25% from that of the previous year.