The number of employed persons in South Korea increased to 27017 Thousand in February of 2021 from 26485 Thousand in January of 2021. source: Statistics Korea

Employed Persons in South Korea averaged 24290.52 Thousand from 1999 until 2021, reaching an all time high of 27508 Thousand in February of 2020 and a record low of 20268 Thousand in June of 1999. This page provides - South Korea Employed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Employed Persons - values, historical data and charts - was last updated on April of 2021.

Employed Persons in South Korea is expected to be 27000.00 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 28000.00 Thousand in 2022, according to our econometric models.

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South Korea Employed Persons

Actual Previous Highest Lowest Dates Unit Frequency
27017.00 26485.00 27508.00 20268.00 1999 - 2021 Thousand Monthly
Volume, SA

South Korea Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.00 5.40 7.10 3.00 percent [+]
Employed Persons 27017.00 26485.00 27508.00 20268.00 Thousand [+]
Unemployed Persons 1127.00 1519.00 1546.00 695.00 Thousand [+]
Labor Force Participation Rate 61.60 60.90 64.20 48.50 percent [+]
Labour Costs 109.30 104.00 129.90 69.00 points [+]
Productivity 113.50 111.00 115.80 53.50 points [+]
Wages 3868678.00 3895894.00 4021244.00 2460239.00 KRW/Month [+]
Wages in Manufacturing 4248573.00 4232213.00 4654149.00 2520139.00 KRW/Month [+]
Minimum Wages 8720.00 8590.00 8720.00 600.00 KRW/Hour [+]
Population 51.78 51.71 51.78 25.01 Million [+]
Retirement Age Women 62.00 60.00 62.00 55.00 [+]
Retirement Age Men 62.00 60.00 62.00 55.00 [+]
Youth Unemployment Rate 10.00 9.30 13.40 3.80 percent [+]
Employment Rate 57.40 59.10 61.70 56.10 percent [+]


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.