Youth Unemployment Rate in South Korea increased to 9.30 percent in February from 8.70 percent in January of 2019. Youth Unemployment Rate in South Korea averaged 7.15 percent from 1982 until 2019, 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 9.10 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 8.50 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 3.70 4.40 7.10 3.00 percent [+]
Employed Persons 27059.00 26922.00 27059.00 20268.00 Thousand [+]
Unemployed Persons 1033.00 1225.00 1546.00 691.00 Thousand [+]
Labor Force Participation Rate 62.30 61.90 63.90 48.50 percent [+]
Productivity 109.80 109.20 109.80 53.50 Index Points [+]
Labour Costs 109.40 96.50 149.40 91.30 Index Points [+]
Wages 3737254.00 3457189.00 3917383.00 2460239.00 KRW/Month [+]
Wages in Manufacturing 4067903.00 3692181.00 4562783.00 2520139.00 KRW/Month [+]
Minimum Wages 8350.00 7530.00 8350.00 600.00 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 9.30 8.70 13.40 3.80 percent [+]
Employment Rate 60.10 61.40 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
9.30 8.70 13.40 3.80 1982 - 2019 percent Monthly
NSA




Country Last Previous
South Africa 54.70 Dec/18
Italy 33.00 Jan/19
Spain 32.60 Jan/19
Turkey 24.50 Dec/18
France 20.10 Jan/19
Euro Area 16.50 Jan/19
India 12.90 Dec/13
United Kingdom 11.50 Nov/18
Australia 11.10 Feb/19
Canada 10.80 Feb/19
South Korea 9.30 Feb/19
United States 8.90 Feb/19
Netherlands 6.50 Jan/19
Germany 6.00 Jan/19
Japan 3.20 Jan/19
Switzerland 2.30 Feb/19


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