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.

South Korea Unemployed Persons
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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 [+]


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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1134.00 1139.00 1546.00 691.00 1999 - 2019 Thousand Monthly
Volume, SA




Country Last Previous
Argentina 1185.00 Dec/18
Australia 704.70 May/19
Brazil 13.18 Apr/19
Canada 1081.80 May/19
China 974.00 Dec/18
Euro Area 12443.00 Apr/19
France 3372.90 Apr/19
Germany 2235.97 May/19
India 44.85 Dec/16
Indonesia 6871264.00 Dec/18
Italy 2652.28 Apr/19
Japan 1680.00 Apr/19
Mexico 1886205.00 Mar/19
Netherlands 302.00 May/19
Russia 3.40 May/19
Saudi Arabia 970229.00 Dec/18
Singapore 100.20 Dec/18
South Africa 6200.00 Mar/19
South Korea 1134.00 May/19
Spain 3127.35 May/19
Switzerland 101370.00 May/19
Turkey 4544.00 Mar/19
United Kingdom 1102.80 May/19
United States 5888.00 May/19


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