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Unemployment Rate and Employment Data in South Korea

South Korea Unemployment Data

Indicator Data Period
Unemployment Rate 2.8 % Oct/22
Youth Unemployment Rate 5.7 % Oct/22
Employed Persons 28167 Thousand Person | 28.167 Million Person Oct/22
Employment Rate  62.8 % Aug/22
Unemployed Persons 812 Thousand Persons | 0.812 Million Persons Oct/22


Latest data on Unemployment Rate (%)

Unemployment Rate
                     South Korea - Historical Data (%)

What is Unemployment Rate in South Korea?

  • Unemployment Rate in South Korea remained unchanged at 2.8 % in October 2022. The maximum rate was 7.1 % and minimum was 3 %.
  • Data published Monthly by Statistics.

Historical Data (%) by years

Data
Period
Date
2.8 Oct/22 09.11.2022
2.8 Sep/22 14.10.2022
2.5 Aug/22 16.09.2022
2.9 Jul/22 10.08.2022
2.9 Jun/22 12.07.2022
2.8 May/22 14.06.2022
2.7 Apr/22 11.05.2022
2.7 Mar/22 13.04.2022


Historical Chart by presidents (%)

Unemployment Rate in South Korea by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Mun Jaei-n 10.05.2017 - 3.6000 4.0000 4.0000 3.6000 11.11%
Park Geun-hye 25.02.2013 - 10.05.2017 3.5000 4.0000 4.0000 2.9000 14.29%
Lee Myung-bak 25.02.2008 - 25.02.2013 3.1000 3.1000 4.8000 3.0000 0.00%
Roh Moo-hyun 25.02.2003 - 25.02.2008 3.3000 3.1000 3.9000 3.1000 -6.06%
Kim Dae-jung 25.02.1998 - 25.02.2003 7.1000 3.4000 7.1000 3.0000 -52.11%


Latest data on Youth Unemployment Rate (%)

Youth Unemployment Rate
                     South Korea - Historical Data (%)

What is Youth Unemployment Rate in South Korea?

  • Youth Unemployment Rate in South Korea decreased to 5.7 % in October 2022. The maximum rate was 13.4 % and minimum was 3.8 %.
  • Data published Monthly by Statistics.

Historical Data (%) by years

Data
Period
Date
5.7 Oct/22 12.11.2022
6.2 Sep/22 15.10.2022
5.4 Aug/22 17.09.2022
6.6 Jul/22 13.08.2022
7 Jun/22 16.07.2022
7.3 May/22 18.06.2022
7.4 Apr/22 14.05.2022
7 Mar/22 16.04.2022


Historical Chart by presidents (%)

Youth Unemployment Rate in South Korea by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Mun Jaei-n 10.05.2017 - 9.6000 10.6000 11.6000 8.6000 10.42%
Park Geun-hye 25.02.2013 - 10.05.2017 9.0000 11.3000 12.5000 7.3000 25.56%
Lee Myung-bak 25.02.2008 - 25.02.2013 7.4000 7.3000 9.8000 6.0000 -1.35%
Roh Moo-hyun 25.02.2003 - 25.02.2008 8.8000 6.9000 9.1000 6.5000 -21.59%
Kim Dae-jung 25.02.1998 - 25.02.2003 10.5000 8.4000 13.4000 5.6000 -20.00%
Kim Youngs-am 25.02.1993 - 25.02.1998 7.6000 8.8000 8.8000 3.8000 15.79%
Roh Tae-woo 25.02.1988 - 25.02.1993 6.3000 6.6000 6.6000 4.2000 4.76%


Latest data on Employed Persons (Thousand Person)

Employed Persons
                     South Korea - Historical Data (Thousand Person)

How many employed persons are in South Korea?

  • Number of Employed Persons in South Korea decreased to 28167 Thousand Person (28.167 Million Person) in October 2022. The maximum rate was 27508 Thousand Person and minimum was 20268 Thousand Person.
  • Data published Monthly by Statistics.

Historical Data (Thousand Person) by years

Data
Period
Date
28167 Oct/22 12.11.2022
28172 Sep/22 15.10.2022
28194 Aug/22 17.09.2022
28172 Jul/22 13.08.2022
28153 Jun/22 16.07.2022
28222 May/22 18.06.2022
28082 Apr/22 14.05.2022
27963 Mar/22 16.04.2022


Historical Chart by presidents (Thousand Person)

Employed Persons in South Korea by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Employment Rate  (%)

Employment Rate 
                     South Korea - Historical Data (%)

What is Employment Rate in South Korea?

  • Employment Rate in South Korea decreased to 62.8 % in August 2022. The maximum rate was 61.7 % and minimum was 56.1 %.
  • Data published Monthly by Statistics.

Historical Data (%) by years

Data
Period
Date
62.8 Aug/22 21.09.2022
61.4 Mar/22 18.04.2022
59.6 Jan/22 17.02.2022
61.3 Sep/21 18.01.2022
61.3 Jun/21 13.07.2021
59.8 Mar/21 22.04.2021
57.4 Jan/21 28.02.2021
60.4 Aug/20 14.10.2020


Historical Chart by presidents (%)

Employment Rate  in South Korea by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Unemployed Persons (Thousand Persons)

Unemployed Persons
                     South Korea - Historical Data (Thousand Persons)

How many Unemployed Persons are in South Korea?

  • Number of Unemployed Persons in South Korea decreased to 812 Thousand Persons (0.812 Million Persons) in October 2022. The maximum rate was 1546 Thousand Persons and minimum was 695 Thousand Persons.
  • Data published Monthly by Statistics.

Historical Data (Thousand Persons) by years

Data
Period
Date
812 Oct/22 12.11.2022
817 Sep/22 15.10.2022
721 Aug/22 17.09.2022
852 Jul/22 13.08.2022
832 Jun/22 16.07.2022
811 May/22 18.06.2022
782 Apr/22 14.05.2022
770 Mar/22 16.04.2022


Historical Chart by presidents (Thousand Persons)

Unemployed Persons in South Korea by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other labor indicators in South Korea

Index Updated Actual Previous
Retirement Age Men 2022 60 60
Wages 3Q/22 3226.768 USD/Month 2973.054
Labor Force Participation Rate Oct/22 64.3 % 64.2

Unemployment Rate in other countries

Country Updated Actual Previous
Bangladesh 2021 5.2 % 5.3
Jordan 2Q/22 22.6 % 22.8
Kyrgyzstan Sep/22 2.8 % 2.8
Mongolia 3Q/22 5.4 % 7.8
Nepal 2021 5.1 % 4.7
Palestine 3Q/22 25 % 24
Tajikistan Dec/21 7.8 % 7.6
Cambodia 2021 0.61 % 0.33
China 3Q/22 5.5 % 5.5
Georgia 2022 15.6 % 18.1
India 2022 8 % 7.8
Israel Oct/22 4.1 % 3.8
Pakistan 2021 6.5 % 4.4
South Korea Oct/22 2.8 % 2.8
Taiwan Oct/22 3.64 % 3.64
Vietnam 3Q/22 2.28 % 2.32
Maldives 2021 6.1 % 6.3
Armenia 2Q/22 13 % 14.8
Hong Kong Oct/22 3.8 % 3.9
Indonesia 3Q/22 5.86 % 5.83
Japan Oct/22 2.6 % 2.6
Kazakhstan Sep/22 4.9 % 4.9
Lebanon 2021 14.5 % 13.3
Macau Oct/22 3.9 % 4
Malaysia Sep/22 3.6 % 3.7
Philippines 3Q/22 5 % 5.3
Qatar 2Q/22 0.1 % 0.1
Singapore 3Q/22 2 % 2.1
Sri Lanka 2Q/22 4.6 % 4.3
Thailand Sep/22 1.23 % 1.37
Oman 2021 3.1 % 2.9
Iran 2Q/22 9.2 % 9.4
Laos 2021 1.3 % 1
Azerbaijan 2021 6 % 6.27
Kuwait 2021 3.7 % 3.5
Saudi Arabia 2Q/22 5.8 % 6
Bahrain 2021 6.6 % 4.9
North Korea 2021 2.6 % 2.9
United Arab Emirates 2021 3.9 % 6.7
Yemen 2021 13.6 % 13.42
Turkmenistan 2020 4.38 % 3.9
Uzbekistan 2018 6.9 % 7.2
Iraq 2021 14.2 % 13.74
Syria 2021 10.6 % 10.3
Afghanistan 2021 13.3 % 11.2
Bhutan 2020 5 % 2.7
Brunei 2021 4.9 % 7.4
Mauritius 2Q/22 8.1 % 8.7