Employment Rate in South Korea decreased to 60.80 percent in December from 61.70 percent in November of 2019. Employment Rate in South Korea averaged 59.81 percent from 1999 until 2019, reaching an all time high of 61.70 percent in October of 2019 and a record low of 56.10 percent in February of 2001. source: Statistics Korea
Employment Rate in South Korea is expected to be 61.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in South Korea to stand at 61.50 in 12 months time. In the long-term, the South Korea Employment Rate is projected to trend around 61.50 percent in 2020, according to our econometric models.