Labor Force Participation Rate in South Korea increased to 61.60 percent in February from 60.90 percent in January of 2021. source: Statistics Korea
Labor Force Participation Rate in South Korea averaged 61.02 percent from 1982 until 2021, reaching an all time high of 64.20 percent in June of 2019 and a record low of 48.50 percent in January of 1984. This page provides - South Korea Labor Force Participation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Labor Force Participation Rate - values, historical data and charts - was last updated on April of 2021.
Labor Force Participation Rate in South Korea is expected to be 61.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in South Korea to stand at 63.00 in 12 months time. In the long-term, the South Korea Labor Force Participation Rate is projected to trend around 63.00 percent in 2022, according to our econometric models.