South Korea Labor Force Participation Rate  1982-2018 | Data | Chart

Labor Force Participation Rate in South Korea decreased to 61.80 percent in January from 62.30 percent in December of 2017. Labor Force Participation Rate in South Korea averaged 60.75 percent from 1982 until 2018, reaching an all time high of 63.80 percent in June of 2017 and a record low of 48.50 percent in January of 1984.

South Korea Labor Force Participation Rate
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South Korea Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.60 3.70 7.10 2.90 percent [+]
Employed Persons 26922.00 26726.00 26922.00 20275.00 Thousand [+]
Unemployed Persons 1009.00 1007.00 1564.00 684.00 Thousand [+]
Labor Force Participation Rate 61.80 62.30 63.80 48.50 percent [+]
Labour Costs 145.80 129.60 149.40 91.30 Index Points [+]
Productivity 93.20 98.50 104.20 53.50 Index Points [+]
Wages 3575612.00 3332086.00 3623535.00 2460239.00 KRW/Month [+]
Wages in Manufacturing 3874983.00 3589196.00 4051306.00 2520139.00 KRW/Month [+]
Minimum Wages 7530.00 6470.00 7530.00 600.00 KRW/Hour [+]
Population 50.80 50.60 50.80 25.00 Million [+]
Retirement Age Women 60.00 55.00 60.00 55.00 [+]
Retirement Age Men 60.00 55.00 60.00 55.00 [+]
Youth Unemployment Rate 8.60 9.30 13.40 3.80 percent [+]
Employment Rate 60.20 61.20 61.50 56.10 percent [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
61.80 62.30 63.80 48.50 1982 - 2018 percent Monthly
NSA




labor force participation rate by Country
Country Last
United Kingdom 78.80 Oct/17
France 72.00 Dec/17
Russia 69.30 Dec/17
Indonesia 69.02 Dec/17
Switzerland 68.60 Sep/17
Australia 65.60 Jan/18
Canada 65.50 Jan/18
Italy 65.41 Sep/17
Netherlands 64.20 Sep/17
United States 62.70 Jan/18
Brazil 61.90 Nov/17
South Korea 61.80 Jan/18
Germany 61.50 Sep/17
Japan 60.50 Dec/17
Mexico 59.10 Dec/17
Spain 58.80 Dec/17
Euro Area 57.30 Sep/17
Turkey 53.20 Nov/17
India 52.50 Dec/13


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