South Korea Youth Unemployment Rate

Youth Unemployment Rate in South Korea decreased to 10.10 percent in May from 11.70 percent in April of 2019. Youth Unemployment Rate in South Korea averaged 7.18 percent from 1982 until 2019, reaching an all time high of 13.40 percent in February of 1999 and a record low of 3.80 percent in July of 1995.

Youth Unemployment Rate in South Korea is expected to be 8.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in South Korea to stand at 8.60 in 12 months time. In the long-term, the South Korea Youth Unemployment Rate is projected to trend around 8.40 percent in 2020, according to our econometric models.

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South Korea Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	4.00	4.10	7.10	3.00	percent	[+]
Employed Persons	27037.00	26972.00	27088.00	20268.00	Thousand	[+]
Unemployed Persons	1134.00	1139.00	1546.00	691.00	Thousand	[+]
Labor Force Participation Rate	64.00	63.60	64.00	48.50	percent	[+]
Productivity	111.50	112.10	112.10	53.50	Index Points	[+]
Labour Costs	103.10	106.80	125.40	69.00	Index Points	[+]
Wages	4021244.00	3359019.00	4021244.00	2460239.00	KRW/Month	[+]
Wages in Manufacturing	4654149.00	3922407.00	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	10.10	11.70	13.40	3.80	percent	[+]
Employment Rate	61.50	60.80	61.60	56.10	percent	[+]

This page provides - South Korea Youth Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Youth Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on June of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	10.10	11.70	13.40	3.80	1982 - 2019	percent	Monthly	NSA

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Country	Last		Previous	Range
South Africa	55.20	Mar/19	54.7	55.9 : 48.8	%
Spain	32.70	Apr/19	33.8	56 : 17.2	%
Italy	31.40	Apr/19	30.6	43.4 : 19.4	%
Turkey	25.20	Mar/19	26.1	28.6 : 11	%
France	20.10	Apr/19	20.1	26 : 14.5	%
Euro Area	15.80	Apr/19	15.9	24.8 : 14.8	%
India	12.90	Dec/13	18.1	18.1 : 12.9	%
Australia	11.90	May/19	11.8	20.1 : 7.6	%
United Kingdom	10.40	Mar/19	10.3	22.3 : 9.7	%
South Korea	10.10	May/19	11.7	13.4 : 3.8	%
Canada	10.00	May/19	10.3	20.7 : 10	%
United States	8.50	May/19	8.3	19.5 : 7.8	%
Netherlands	6.20	Apr/19	6.4	17.7 : 6.2	%
Germany	5.30	Apr/19	5.3	15.9 : 5.3	%
Japan	3.90	Apr/19	3.6	10.9 : 1.6	%
Switzerland	1.80	May/19	1.9	5.7 : 1.4	%