South Korea Youth Unemployment Rate

Youth Unemployment Rate in South Korea increased to 7.40 percent in September from 7.10 percent in August of 2019. Youth Unemployment Rate in South Korea averaged 7.19 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 8.50 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 8.80 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	3.40	3.10	7.10	3.00	percent	[+]
Employed Persons	27159.00	27196.00	27196.00	20268.00	Thousand	[+]
Unemployed Persons	954.00	867.00	1546.00	691.00	Thousand	[+]
Labor Force Participation Rate	63.50	63.30	64.20	48.50	percent	[+]
Labour Costs	129.90	103.50	129.90	69.00	Index Points	[+]
Productivity	108.00	111.30	111.50	53.50	Index Points	[+]
Wages	3585588.00	4021244.00	4021244.00	2460239.00	KRW/Month	[+]
Wages in Manufacturing	3804036.00	4654149.00	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	7.40	7.10	13.40	3.80	percent	[+]
Employment Rate	61.50	61.40	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 October of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	7.40	7.10	13.40	3.80	1982 - 2019	percent	Monthly	NSA

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Country	Last		Previous	Range
South Africa	56.40	Jun/19	55.2	56.4 : 48.8	%
Spain	32.20	Aug/19	32.1	55.9 : 17.2	%
Italy	28.90	Jul/19	28.1	43.4 : 19.4	%
Turkey	27.10	Jul/19	24.8	28.6 : 11	%
India	23.70	Dec/18	23.1	23.7 : 22.9	%
France	19.20	Aug/19	19.3	26 : 14.5	%
Euro Area	15.40	Aug/19	15.6	24.8 : 14.8	%
Canada	11.90	Sep/19	11.5	20.7 : 10	%
Australia	11.70	Sep/19	11.7	20.1 : 7.6	%
United Kingdom	11.60	Jul/19	11.2	22.3 : 9.7	%
United States	8.00	Sep/19	8.6	19.5 : 7.8	%
South Korea	7.40	Sep/19	7.1	13.4 : 3.8	%
Netherlands	7.20	Sep/19	6.9	17.7 : 6.2	%
Germany	5.70	Aug/19	5.7	15.9 : 5.7	%
Japan	3.70	Aug/19	3.4	10.9 : 1.6	%
Switzerland	2.40	Sep/19	2.5	5.7 : 1.4	%