South Korea Unemployment Rate 1999-2018 | Data | Chart | Calendar

South Korea’s seasonally adjusted unemployment rate increased to 4.0 percent in May 2018 from 3.8 percent in the previous month. It matched the highest unemployment rate since April of 2017. the number of employed persons increased by 72,000 (or 0.3 percent) from the previous year, while the number of unemployed persons increased by 126k (or 12.7 percent) compared to a year earlier. Unemployment Rate in South Korea averaged 3.64 percent from 1999 until 2018, reaching an all time high of 7.10 percent in June of 1999 and a record low of 2.90 percent in November of 2013.

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Calendar	GMT		Actual	Previous	TEForecast
2018-04-10	11:00 PM	Unemployment Rate	4%	3.6%	3.7%
2018-05-15	11:00 PM	Unemployment Rate	3.8%	4%	4.1%
2018-06-14	11:00 PM	Unemployment Rate	4%	3.8%	3.7%
2018-07-10	11:00 PM	Unemployment Rate			3.9%
2018-08-16	11:00 PM	Unemployment Rate			3.8%
2018-09-11	11:00 PM	Unemployment Rate			3.9%

South Korea Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	4.00	3.80	7.10	2.90	percent	[+]
Employed Persons	26751.00	26807.00	26922.00	20275.00	Thousand	[+]
Unemployed Persons	1114.00	1068.00	1564.00	684.00	Thousand	[+]
Labor Force Participation Rate	63.90	63.50	63.90	48.50	percent	[+]
Labour Costs	145.80	129.60	149.40	91.30	Index Points	[+]
Productivity	109.70	104.00	109.70	53.50	Index Points	[+]
Wages	3917383.00	3541984.00	3917383.00	2460239.00	KRW/Month	[+]
Wages in Manufacturing	4562783.00	3877934.00	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	10.60	10.70	13.40	3.80	percent	[+]
Employment Rate	60.90	60.20	61.50	56.10	percent	[+]

South Korea Unemployment Rate

In South Korea, the seasonally adjusted unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - South Korea Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on June of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	4.00	3.80	7.10	2.90	1999 - 2018	percent	Monthly	SA

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unemployment rate by Country

Country	Last		Previous	Highest	Lowest
Spain	16.74	Mar/18	16.55	26.94	4.41	%	Quarterly
Brazil	12.90	Apr/18	13.1	13.7	6.2	%	Monthly
Italy	11.20	Apr/18	11.1	13.1	5.8	%	Monthly
Turkey	10.10	Mar/18	10.6	14.8	7.3	%	Monthly
France	9.20	Mar/18	9	10.7	7.2	%	Quarterly
Euro Area	8.50	Apr/18	8.6	12.1	7.3	%	Monthly
Canada	5.80	May/18	5.8	13.1	2.9	%	Monthly
Australia	5.40	May/18	5.6	11.2	4	%	Monthly
Indonesia	5.13	Mar/18	5.5	11.24	2	%	Quarterly
Russia	4.70	May/18	4.9	14.1	4.7	%	Monthly
United Kingdom	4.20	Apr/18	4.2	12	3.4	%	Monthly
South Korea	4.00	May/18	3.8	7.1	2.9	%	Monthly
Netherlands	3.90	May/18	3.9	7.9	3.6	%	Monthly
China	3.89	Mar/18	3.9	4.3	3.89	%	Quarterly
United States	3.80	May/18	3.9	10.8	2.5	%	Monthly
India	3.52	Dec/17	3.51	8.3	3.41	%	Yearly
Germany	3.40	Apr/18	3.5	11.5	0.4	%	Monthly
Mexico	3.40	Apr/18	2.9	6.42	2.22	%	Monthly
Japan	2.50	Apr/18	2.5	5.5	1	%	Monthly
Switzerland	2.40	May/18	2.7	5.7	1.5	%	Monthly