The number of employed persons in South Korea increased to 27381 Thousand in December of 2019 from 27264 Thousand in November of 2019. Employed Persons in South Korea averaged 24144.20 Thousand from 1999 until 2019, reaching an all time high of 27381 Thousand in December of 2019 and a record low of 20268 Thousand in June of 1999. source: Statistics Korea

Employed Persons in South Korea is expected to be 27200.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employed Persons in South Korea to stand at 27500.00 in 12 months time. In the long-term, the South Korea Employed Persons is projected to trend around 27500.00 Thousand in 2020, according to our econometric models.

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South Korea Employed Persons

Actual Previous Highest Lowest Dates Unit Frequency
27381.00 27264.00 27381.00 20268.00 1999 - 2019 Thousand Monthly
Volume, SA


South Korea Employed Persons
In South Korea, employed persons are individuals with a minimum required age who work during a certain time for a business.

South Korea Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.80 3.60 7.10 3.00 percent [+]
Employed Persons 27381.00 27264.00 27381.00 20268.00 Thousand [+]
Unemployed Persons 1068.00 1026.00 1546.00 691.00 Thousand [+]
Labor Force Participation Rate 62.90 63.60 64.20 48.50 percent [+]
Labour Costs 111.40 99.20 129.90 69.00 points [+]
Productivity 110.10 108.50 111.50 53.50 points [+]
Wages 3863726.00 3585588.00 4021244.00 2460239.00 KRW/Month [+]
Wages in Manufacturing 4199394.00 3804036.00 4654149.00 2520139.00 KRW/Month [+]
Minimum Wages 8350.00 7530.00 8350.00 600.00 KRW/Hour [+]
Population 51.61 51.36 51.61 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 7.30 7.10 13.40 3.80 percent [+]
Employment Rate 60.80 61.70 61.70 56.10 percent [+]