The number of unemployed persons in South Korea decreased to 867 Thousand in August of 2019 from 1131 Thousand in July of 2019. Unemployed Persons in South Korea averaged 909.92 Thousand from 1999 until 2019, 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 1060.00 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 1100.00 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.