Labour Costs in South Korea increased to 119.30 points in the first quarter of 2020 from 101.50 points in the fourth quarter of 2019.
Labour Costs in South Korea averaged 91.91 points from 2008 until 2020, reaching an all time high of 129.90 points in the first quarter of 2019 and a record low of 69 points in the second quarter of 2010. This page provides - South Korea Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Labour Costs - values, historical data and charts - was last updated on September of 2020. source: Korea Productivity Center
Labour Costs in South Korea is expected to be 140.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in South Korea to stand at 142.00 in 12 months time. In the long-term, the South Korea Labour Costs is projected to trend around 142.00 points in 2021, according to our econometric models.