Youth Unemployment Rate in South Korea increased to 11 percent in June from 10.30 percent in May of 2020.
Youth Unemployment Rate in South Korea averaged 7.21 percent from 1982 until 2020, 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. This page provides - South Korea Youth Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Youth Unemployment Rate - values, historical data and charts - was last updated on August of 2020. source: KOSTAT - Statistics Korea
Youth Unemployment Rate in South Korea is expected to be 8.80 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 8.40 in 12 months time. In the long-term, the South Korea Youth Unemployment Rate is projected to trend around 8.40 percent in 2021, according to our econometric models.