Youth Unemployment Rate in South Korea decreased to 8.50 percent in October from 9 percent in September of 2018. Youth Unemployment Rate in South Korea averaged 7.14 percent from 1982 until 2018, reaching an all time high of 13.40 percent in February of 1999 and a record low of 3.80 percent in July of 1995.

Youth Unemployment Rate in South Korea is expected to be 8.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in South Korea to stand at 8.70 in 12 months time. In the long-term, the South Korea Youth Unemployment Rate is projected to trend around 8.40 percent in 2020, according to our econometric models.

South Korea Youth Unemployment Rate
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South Korea Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 4.20 7.10 3.00 percent [+]
Employed Persons 26837.00 26812.00 26922.00 20268.00 Thousand [+]
Unemployed Persons 1100.00 1122.00 1546.00 691.00 Thousand [+]
Labor Force Participation Rate 63.40 63.50 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 3457189.00 3917383.00 3917383.00 2460239.00 KRW/Month [+]
Wages in Manufacturing 3692181.00 4562783.00 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 8.50 9.00 13.40 3.80 percent [+]
Employment Rate 61.20 61.20 61.60 56.10 percent [+]


South Korea Youth Unemployment Rate

This page provides - South Korea Youth Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Youth Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
8.50 9.00 13.40 3.80 1982 - 2018 percent Monthly
NSA




Country Last
South Africa 52.80 Sep/18
Spain 34.30 Sep/18
Italy 31.60 Sep/18
Turkey 20.80 Aug/18
France 20.40 Sep/18
Euro Area 16.80 Sep/18
India 12.90 Dec/13
Australia 11.30 Oct/18
United Kingdom 11.30 Aug/18
Canada 11.00 Oct/18
South Korea 8.50 Oct/18
United States 8.30 Oct/18
Netherlands 7.20 Oct/18
Germany 6.30 Sep/18
Japan 3.40 Sep/18
Switzerland 2.40 Oct/18


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