Labor Force Participation Rate in South Korea increased to 64.90 percent in May from 64 percent in April of 2022. source: Statistics Korea

Labor Force Participation Rate in South Korea averaged 61.08 percent from 1982 until 2022, reaching an all time high of 64.90 percent in May of 2022 and a record low of 48.50 percent in January of 1984. This page provides - South Korea Labor Force Participation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Labor Force Participation Rate - values, historical data and charts - was last updated on July of 2022.

Labor Force Participation Rate in South Korea is expected to be 63.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Labor Force Participation Rate is projected to trend around 63.00 percent in 2023, according to our econometric models.

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South Korea Labor Force Participation Rate



Related Last Previous Unit Reference
Unemployment Rate 2.80 2.70 percent May 2022
Employed Persons 28222.00 28082.00 Thousand May 2022
Unemployed Persons 811.00 782.00 Thousand May 2022
Labor Force Participation Rate 64.90 64.00 percent May 2022
Employment Rate 61.40 60.60 percent Mar 2022

South Korea Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.
Actual Previous Highest Lowest Dates Unit Frequency
64.90 64.00 64.90 48.50 1982 - 2022 percent Monthly
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