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National Statistics, Republic of China (Taiwan)

 

What is the unemployment rate? How is it calculated? How does it differ from the broadly defined unemployment rate?

1. The so-called "unemployment rate" refers to the unemployed as a proportion of the labor force, and is calculated using the following method:
Unemployment rate (%) = unemployed/labor force * 100% = unemployed / (unemployed + employed) *100%
2. In comparison with the unemployment rate, the "broadly defined unemployment rate" includes " persons who want to work but not looking for a job, and who can begin to work at any time" in the non-labor force, and is therefore:
Broadly defined unemployment rate (%)
(the unemployed + persons who want to work but not looking for a job, and who can begin to work at any time)
= ────────────────────────────────────────────────────────────── *100%
(labor force + persons who want to work but not looking for a job, and who can begin to work at any time)