The number of unemployed persons in South Korea decreased to 1134 Thousand in May of 2019 from 1139 Thousand in April of 2019. Unemployed Persons in South Korea averaged 908.28 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 1040.00 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 1080.00 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.