The number of unemployed persons in South Korea decreased to 1064 Thousand in November of 2018 from 1100 Thousand in October of 2018. Unemployed Persons in South Korea averaged 903.15 Thousand from 1999 until 2018, reaching an all time high of 1546 Thousand in June of 1999 and a record low of 691 Thousand in September of 2002.

Unemployed Persons in South Korea is expected to be 1030.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in South Korea to stand at 1020.00 in 12 months time. In the long-term, the South Korea Unemployed Persons is projected to trend around 1110.00 Thousand in 2020, according to our econometric models.

South Korea Unemployed Persons
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South Korea Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.80 3.90 7.10 3.00 percent [+]
Employed Persons 26966.00 26837.00 26966.00 20268.00 Thousand [+]
Unemployed Persons 1064.00 1100.00 1546.00 691.00 Thousand [+]
Labor Force Participation Rate 63.40 63.40 63.90 48.50 percent [+]
Labour Costs 96.50 127.70 149.40 91.30 Index Points [+]
Productivity 109.20 105.60 109.70 53.50 Index Points [+]
Wages 3737254.00 3457189.00 3917383.00 2460239.00 KRW/Month [+]
Wages in Manufacturing 4067903.00 3692181.00 4562783.00 2520139.00 KRW/Month [+]
Minimum Wages 7530.00 6470.00 7530.00 600.00 KRW/Hour [+]
Population 51.45 51.25 51.45 25.01 Million [+]
Retirement Age Women 60.00 60.00 60.00 55.00 [+]
Retirement Age Men 60.00 60.00 60.00 55.00 [+]
Youth Unemployment Rate 8.10 8.50 13.40 3.80 percent [+]
Employment Rate 61.40 61.20 61.60 56.10 percent [+]


South Korea Unemployed Persons

In South Korea, unemployed persons are individuals who are without a job and actively seeking to work. This page provides - South Korea Unemployed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Unemployed Persons - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1064.00 1100.00 1546.00 691.00 1999 - 2018 Thousand Monthly
Volume, SA




Country Last Previous
Argentina 1168.00 Sep/18
Australia 672.05 Oct/18
Brazil 12.35 Oct/18
Canada 1124.80 Nov/18
China 968.00 Sep/18
Euro Area 13080.00 Oct/18
France 3425.90 Oct/18
Germany 2186.11 Nov/18
India 44.85 Dec/16
Indonesia 6871264.00 Dec/18
Italy 2746.18 Oct/18
Japan 1680.00 Oct/18
Mexico 1934278.00 Sep/18
Netherlands 337.00 Oct/18
Russia 3.61 Oct/18
Saudi Arabia 847917.00 Jun/18
Singapore 106.90 Dec/17
South Africa 6209.39 Sep/18
South Korea 1064.00 Nov/18
Spain 3196.95 Nov/18
Switzerland 110474.00 Nov/18
Turkey 3749.00 Sep/18
United Kingdom 992.60 Nov/18
United States 5975.00 Nov/18


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