South Korea Unemployment Rate Steady at 3.2% in June


In South Korea, seasonally adjusted unemployment rate remained unchanged at 3.2 percent in June, as job creation accelerated, led by the services sector.

The economically active population marked 26291 thousand in June, up by 1.4 percent year-on-year and the number of employed persons totaled 25478 thousand persons in June, up by 1.4 percent.

The labor force participation rate stood at 62.5 percent in June, up 0.1%p year-on-year.

The number of unemployed persons totaled 813 thousand people in June, down by 1.0 percent.

The non-seasonally adjusted unemployment rate marked 3.1 percent in June, down 0.1%p over the same month last year.

The economically inactive population totaled 15 807 thousand people in June, increasing 1.2 percent over a year earlier.

South Korea Unemployment Rate Steady at 3.2% in June


Statistics Korea | Joana Taborda | joana.taborda@tradingeconomics.com
7/10/2013 10:27:37 AM