Labor Force Participation Rate in South Korea increased to 63 percent in September from 62.80 percent in August of 2021. source: Statistics Korea

Labor Force Participation Rate in South Korea averaged 61.04 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 October of 2021.

Labor Force Participation Rate in South Korea is expected to be 62.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
South Korea Labor Force Participation Rate


South Korea Last Unit Reference Previous Highest Lowest
Unemployment Rate 3.00 percent Sep/21 2.80 7.10 2.80
Employed Persons 27454.00 Thousand Sep/21 27399.00 27508.00 20268.00
Unemployed Persons 849.00 Thousand Sep/21 794.00 1546.00 695.00
Labor Force Participation Rate 63.00 percent Sep/21 62.80 64.20 48.50
Employment Rate 61.30 percent Jun/21 61.20 61.70 56.10


South Korea Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.