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Taiwan unemployment rate falls to 21-month low in April

TAIPEI (Taiwan News) — Unemployment in April fell to 3.71 percent, its lowest point in 21 months, after adjustments for seasonal factors, but the current COVID-19 surge might reverse the trend, ...

Taiwan likely to sustain export growth post-pandemic: Bloomberg

TAIPEI (Taiwan News) — After posting a decade-high 8.16 percent GDP growth in the first quarter of 2021, Taiwan will likely extend its export momentum even after the coronavirus pandemic subside...

Taiwan's economy grew by 8.16% in 1st quarter

TAIPEI (Taiwan News) — The economy likely grew by 8.16 percent during the first quarter of 2021, the fastest pace since the final quarter of 2010, the government said Friday (April 30). The n...

Taiwan’s unemployment rate falls to lowest level in 13 months

TAIPEI (Taiwan News) — Adjusted for seasonal factors, Taiwan’s unemployment reached its lowest level in 13 months for March, the government announced Thursday (April 22). The Directorat...

Short-term price increases will not lead to renewed inflation: Taiwan budget chief

TAIPEI (Taiwan News) — While certain products might see price rises in the short term, there should be no concern about long-term inflation getting out of hand, the government’s budget chi...

Taiwan economy to expand 5.9% in 2021: JP Morgan

TAIPEI (Taiwan News) — J.P. Morgan has predicted 5.9 percent economic growth for Taiwan in 2021 thanks to its effective COVID-19 response. Lauding Taiwan as one of the best-performing nations...

Taiwan’s Equal Pay Day came 1 day early this year, on Feb. 20

TAIPEI (Taiwan News) — Equal Pay Day in Taiwan, which symbolizes how long women must work to achieve the same pay as men the previous year, fell one day earlier in 2021 than 2020, landing on Feb...

Taiwan revises economic growth for 2021 to highest level in 7 years

TAIPEI (Taiwan News) — Taiwan’s economy is on course to expand by 4.64 percent during 2021 despite the COVID-19 pandemic, its highest growth level in seven years, the government said Satur...

Taiwan workers received slightly higher monthly salary in 2020

TAIPEI (Taiwan News) — The average real monthly earnings for Taiwanese workers rose slightly last year thanks to deflation, while the country's total employment number fell for the first tim...

Employers turn to middle-aged workers as Taiwan population ages

Employers in Taiwan are increasingly turning to middle-aged and senior workers as the country ages rapidly, on the back of a shrinking population caused by a falling birth rate. In 2020, Taiwan reg...

Taiwan's economy in 2020 outgrew China for 1st time in 30 years

TAIPEI (Taiwan News) — Thanks to its exceptional handling of the Wuhan coronavirus pandemic, Taiwan's economy grew at a higher rate than China in 2020 for the first time in 30 years — ...

Taiwan’s economic growth surged to 4.94% in final quarter of 2020

TAIPEI (Taiwan News) — Taiwan’s Gross Domestic Product expanded by 4.94 percent during the final quarter of 2020, far better than the 3.28 percent predicted in November, the government sai...

Confidence in Taiwan economy improves in January

Confidence in Taiwan's economy is improving in January on the back of optimism toward global vaccine developments against the COVID-19 pandemic, according to Cathay Financial Holding Co. The fi...

Taiwan's jobless rate in 2020 highest in 4 years

Taiwan's unemployment rate in 2020 was the highest in four years, but the labor market was still relatively stable compared to other countries as the COVID-19 pandemic took a toll on the global ec...

Number of international marriages in Taiwan falls by half in 2020

TAIPEI (Taiwan News) — The number of Taiwanese who married foreigners decreased by 50.1 percent last year, according to the Directorate-General of Budget, Accounting and Statistics (DGBAS). T...