The number of unemployed persons in South Korea increased to 1225 Thousand in January of 2019 from 1059 Thousand in December of 2018. Unemployed Persons in South Korea averaged 905.18 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 1025.00 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 4.40 3.80 7.10 3.00 percent [+]
Employed Persons 26922.00 26889.00 26966.00 20268.00 Thousand [+]
Unemployed Persons 1225.00 1059.00 1546.00 691.00 Thousand [+]
Labor Force Participation Rate 61.90 62.20 63.90 48.50 percent [+]
Productivity 109.80 109.20 109.80 53.50 Index Points [+]
Labour Costs 109.40 96.50 149.40 91.30 Index Points [+]
Wages 3737254.00 3457189.00 3917383.00 2460239.00 KRW/Month [+]
Wages in Manufacturing 4067903.00 3692181.00 4562783.00 2520139.00 KRW/Month [+]
Minimum Wages 8350.00 7530.00 8350.00 600.00 KRW/Hour [+]
Population 51.45 51.25 51.45 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 8.70 8.60 13.40 3.80 percent [+]
Employment Rate 60.10 61.40 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1225.00 1059.00 1546.00 691.00 1999 - 2019 Thousand Monthly
Volume, SA




Country Last Previous
Argentina 1168.00 Sep/18
Australia 666.71 Dec/18
Brazil 12.20 Dec/18
Canada 1162.00 Jan/19
China 968.00 Sep/18
Euro Area 12829.00 Dec/18
France 3419.20 Dec/18
Germany 2405.59 Jan/19
India 44.85 Dec/16
Indonesia 6871264.00 Dec/18
Italy 2682.42 Dec/18
Japan 1670.00 Dec/18
Mexico 1828591.00 Dec/18
Netherlands 329.00 Dec/18
Russia 3.70 Dec/18
Saudi Arabia 847917.00 Jun/18
Singapore 100.20 Dec/18
South Africa 6100.00 Dec/18
South Korea 1225.00 Jan/19
Spain 3189.70 Jan/19
Switzerland 123962.00 Jan/19
Turkey 3981.00 Nov/18
United Kingdom 1016.30 Dec/18
United States 6535.00 Jan/19


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