The number of unemployed persons in South Korea increased to 1058 Thousand in March of 2019 from 1033 Thousand in February of 2019. Unemployed Persons in South Korea averaged 906.36 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 1040.00 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 1080.00 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 4.10 3.80 7.10 3.00 percent [+]
Employed Persons 27088.00 27059.00 27088.00 20268.00 Thousand [+]
Unemployed Persons 1058.00 1033.00 1546.00 691.00 Thousand [+]
Labor Force Participation Rate 63.60 63.10 63.90 48.50 percent [+]
Productivity 111.50 109.80 111.50 53.50 Index Points [+]
Labour Costs 103.10 109.40 149.40 91.30 Index Points [+]
Wages 3359019.00 3737254.00 3917383.00 2460239.00 KRW/Month [+]
Wages in Manufacturing 3922407.00 4067903.00 4562783.00 2520139.00 KRW/Month [+]
Minimum Wages 8350.00 7530.00 8350.00 600.00 KRW/Hour [+]
Population 51.61 51.36 51.61 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 11.70 10.90 13.40 3.80 percent [+]
Employment Rate 60.40 59.40 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1058.00 1033.00 1546.00 691.00 1999 - 2019 Thousand Monthly
Volume, SA




Country Last Previous
Argentina 1185.00 Dec/18
Australia 703.85 Apr/19
Brazil 13.39 Mar/19
Canada 1158.70 Apr/19
China 968.00 Sep/18
Euro Area 12545.00 Mar/19
France 3382.60 Mar/19
Germany 2228.88 Apr/19
India 44.85 Dec/16
Indonesia 6871264.00 Dec/18
Italy 2641.18 Mar/19
Japan 1740.00 Mar/19
Mexico 1828591.00 Dec/18
Netherlands 300.00 Apr/19
Russia 3.50 Mar/19
Saudi Arabia 970229.00 Dec/18
Singapore 100.20 Dec/18
South Africa 6200.00 Mar/19
South Korea 1058.00 Mar/19
Spain 3147.42 Apr/19
Switzerland 107298.00 Apr/19
Turkey 4730.00 Feb/19
United Kingdom 1085.20 Apr/19
United States 5824.00 Apr/19


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