Youth Unemployment Rate in South Korea remained unchanged at 5.40 percent in September. Youth Unemployment Rate in South Korea averaged 7.12 percent from 1982 until 2026, 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. source: KOSTAT - Statistics Korea
Youth Unemployment Rate in South Korea is expected to be 6.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Youth Unemployment Rate is projected to trend around 6.40 percent in 2027 and 6.00 percent in 2028, according to our econometric models.