South Korea Retirement Age - Women - Forecast

Retirement Age Women in South Korea is expected to be 60.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Retirement Age - Women is projected to trend around 60.00 in 2020, according to our econometric models.


South Korea Retirement Age - Women
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South Korea Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 4 3.9 3.8 3.8 3.9 4.1
Employed Persons 26751 27000 26748 27500 26744 28700
Unemployed Persons 1114 1095 1083 1153 1088 1280
Labor Force Participation Rate 63.9 63.9 62.72 62.9 63.07 63
Labour Costs 146 135 158 137 153 142
Productivity 110 108 108 109 109 112
Wages 3917383 3561000 3692000 3766000 3863000 4093000
Wages in Manufacturing 4562783 3697000 3943000 4146000 4376000 4424000
Minimum Wages 7530 7530 7530 7530 8200 8800
Population 51.45 51.2 50.91 51.2 50.99 51.37
Retirement Age Women 60 60 60 60 60 60
Retirement Age Men 60 60 60 60 60 60
Youth Unemployment Rate 10.6 10.3 9.88 8.7 10.02 8.4
Employment Rate 60.9 61.5 60.22 60.3 60.5 60.6