North Korea Unemployment Rate  Forecast


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Unemployment Rate in North Korea is expected to be 4.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the North Korea Unemployment Rate is projected to trend around 4.40 percent in 2020, according to our econometric models.


North Korea Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 4.3 4.2 4.2 4.2 4.4 4.4
Labor Force Participation Rate 79.5 79.45 79.46 79.46 79.47 79.72
Population 25.37 25.49 25.52 25.56 25.59 25.85
Employed Persons 14717 14794 14735 14677 14618 14433
Employment Rate 74.2 74.29 74.32 74.35 74.38 74.81