The number of unemployed persons in South Korea increased to 1131 Thousand in July of 2019 from 1127 Thousand in June of 2019. Unemployed Persons in South Korea averaged 910.10 Thousand from 1999 until 2019, reaching an all time high of 1546 Thousand in June of 1999 and a record low of 691 Thousand in September of 2002.

Unemployed Persons in South Korea is expected to be 1060.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in South Korea to stand at 1100.00 in 12 months time. In the long-term, the South Korea Unemployed Persons is projected to trend around 1110.00 Thousand in 2020, according to our econometric models.

South Korea Unemployed Persons
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South Korea Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.00 4.00 7.10 3.00 percent [+]
Employed Persons 27050.00 27082.00 27088.00 20268.00 Thousand [+]
Unemployed Persons 1131.00 1127.00 1546.00 691.00 Thousand [+]
Labor Force Participation Rate 64.00 64.20 64.20 48.50 percent [+]
Productivity 108.00 111.50 112.10 53.50 Index Points [+]
Labour Costs 129.90 103.10 129.90 69.00 Index Points [+]
Wages 4021244.00 3677034.00 4021244.00 2460239.00 KRW/Month [+]
Wages in Manufacturing 4654149.00 4103690.00 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 9.70 10.50 13.40 3.80 percent [+]
Employment Rate 61.50 61.60 61.60 56.10 percent [+]


South Korea Unemployed Persons

In South Korea, unemployed persons are individuals who are without a job and actively seeking to work. This page provides - South Korea Unemployed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Unemployed Persons - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1131.00 1127.00 1546.00 691.00 1999 - 2019 Thousand Monthly
Volume, SA




Country Last Previous
Argentina 1338.00 Mar/19
Australia 712.92 Jul/19
Brazil 12.77 Jun/19
Canada 1149.90 Jul/19
China 947.00 Jun/19
Euro Area 12294.00 Jun/19
France 3382.60 Jun/19
Germany 2275.46 Jul/19
India 44.85 Dec/16
Indonesia 6871264.00 Dec/18
Italy 2525.15 Jun/19
Japan 1610.00 Jun/19
Mexico 2014496.00 Jun/19
Netherlands 313.00 Jul/19
Russia 3.40 Jul/19
Saudi Arabia 970229.00 Dec/18
Singapore 100.20 Dec/18
South Africa 6655.30 Jun/19
South Korea 1131.00 Jul/19
Spain 3139.25 Jul/19
Switzerland 97578.00 Jul/19
Turkey 4157.00 May/19
United Kingdom 1163.40 Jul/19
United States 6063.00 Jul/19


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