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
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


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 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 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 December of 2018.

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




Country Last Previous
South Africa 52.80 Sep/18
Spain 34.90 Oct/18
Italy 32.50 Oct/18
France 21.50 Oct/18
Turkey 20.80 Aug/18
Euro Area 17.30 Oct/18
India 12.90 Dec/13
Australia 11.30 Oct/18
United Kingdom 11.30 Aug/18
Canada 10.80 Nov/18
South Korea 8.50 Oct/18
United States 8.30 Oct/18
Netherlands 7.20 Oct/18
Germany 6.20 Oct/18
Japan 3.40 Oct/18
Switzerland 2.40 Nov/18


Related

Latest