Unemployment Rate and Employment Data in South Korea
South Korea Unemployment Data
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 2.4 % | Aug/23 |
| Youth Unemployment Rate | 4.5 % | Aug/23 |
| Employed Persons | 28445 Thousand Person | 28.445 Million Person | Aug/23 |
| Employment Rate | 63.1 % | Aug/23 |
| Unemployed Persons | 709 Thousand Persons | 0.709 Million Persons | Aug/23 |
Latest data on Unemployment Rate (%)
What is Unemployment Rate in South Korea?
- Unemployment Rate in South Korea decreased to 2.4 % in August 2023. The maximum rate was 7.1 % and minimum was 3 %.
- Data published Monthly by Statistics.
Historical Data (%) by years
Data
Period
Date
| 2.4 | Aug/23 | 12.09.2023 |
| 2.8 | Jul/23 | 08.08.2023 |
| 2.6 | Jun/23 | 14.07.2023 |
| 2.5 | May/23 | 14.06.2023 |
| 2.6 | Apr/23 | 10.05.2023 |
| 2.7 | Mar/23 | 12.04.2023 |
| 2.6 | Feb/23 | 15.03.2023 |
| 2.9 | Jan/23 | 15.02.2023 |
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 (%)
What is Youth Unemployment Rate in South Korea?
- Youth Unemployment Rate in South Korea decreased to 4.5 % in August 2023. The maximum rate was 13.4 % and minimum was 3.8 %.
- Data published Monthly by Statistics.
Historical Data (%) by years
Data
Period
Date
| 4.5 | Aug/23 | 13.09.2023 |
| 6.1 | Jul/23 | 11.08.2023 |
| 6.3 | Jun/23 | 14.07.2023 |
| 5.9 | May/23 | 17.06.2023 |
| 6.5 | Apr/23 | 11.05.2023 |
| 7.2 | Mar/23 | 12.04.2023 |
| 7 | Feb/23 | 15.03.2023 |
| 5.8 | Jan/23 | 18.02.2023 |
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)
How many employed persons are in South Korea?
- Number of Employed Persons in South Korea increased to 28445 Thousand Person (28.445 Million Person) in August 2023. 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
| 28445 | Aug/23 | 12.09.2023 |
| 28368 | Jul/23 | 08.08.2023 |
| 28464 | Jun/23 | 14.07.2023 |
| 28512 | May/23 | 17.06.2023 |
| 28420 | Apr/23 | 13.05.2023 |
| 28467 | Mar/23 | 12.04.2023 |
| 28374 | Feb/23 | 15.03.2023 |
| 28097 | Jan/23 | 15.02.2023 |
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 (%)
What is Employment Rate in South Korea?
- Employment Rate in South Korea decreased to 63.1 % in August 2023. The maximum rate was 61.7 % and minimum was 56.1 %.
- Data published Monthly by Statistics.
Historical Data (%) by years
Data
Period
Date
| 63.1 | Aug/23 | 13.09.2023 |
| 63.2 | Jul/23 | 29.08.2023 |
| 63.5 | Jun/23 | 14.07.2023 |
| 62.7 | Apr/23 | 15.05.2023 |
| 62.2 | Mar/23 | 12.04.2023 |
| 61.1 | Feb/23 | 15.03.2023 |
| 61.3 | Dec/22 | 16.01.2023 |
| 62.8 | Aug/22 | 21.09.2022 |
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)
How many Unemployed Persons are in South Korea?
- Number of Unemployed Persons in South Korea decreased to 709 Thousand Persons (0.709 Million Persons) in August 2023. 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
| 709 | Aug/23 | 12.09.2023 |
| 823 | Jul/23 | 08.08.2023 |
| 763 | Jun/23 | 14.07.2023 |
| 734 | May/23 | 17.06.2023 |
| 759 | Apr/23 | 11.05.2023 |
| 782 | Mar/23 | 12.04.2023 |
| 743 | Feb/23 | 15.03.2023 |
| 842 | Jan/23 | 15.02.2023 |
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 | 2Q/23 | 3015.471 USD/Month | 3419.512 |
| Labor Force Participation Rate | Aug/23 | 64.4 % | 65 |
Unemployment Rate in other countries
| Country | Updated | Actual | Previous |
| Bangladesh | 2022 | 4.7 % | 5.1 |
| Jordan | 2Q/23 | 22.3 % | 21.9 |
| Kyrgyzstan | Jul/23 | 2.7 % | 2.8 |
| Mongolia | 2Q/23 | 5.8 % | 6.6 |
| Nepal | 2021 | 5.1 % | 4.7 |
| Palestine | 2Q/23 | 24.7 % | 25.2 |
| Tajikistan | Dec/22 | 7.8 % | 7.7 |
| Cambodia | 20 | 0.22 % | 0.23 |
| China | 2Q/23 | 5.2 % | 5.3 |
| Georgia | 2023 | 16.7 % | 18 |
| India | 2023 | 7.1 % | 8.1 |
| Israel | Aug/23 | 3.1 % | 3.4 |
| Pakistan | 2021 | 6.3 % | 6.9 |
| South Korea | Aug/23 | 2.4 % | 2.8 |
| Taiwan | Aug/23 | 3.42 % | 3.43 |
| Vietnam | 2Q/23 | 2.3 % | 2.25 |
| Maldives | 2022 | 4.9 % | 6.1 |
| Armenia | 2Q/23 | 11.7 % | 13.7 |
| Hong Kong | Aug/23 | 2.8 % | 2.8 |
| Indonesia | 1Q/23 | 5.45 % | 5.86 |
| Japan | Aug/23 | 2.7 % | 2.7 |
| Kazakhstan | Jun/23 | 4.7 % | 4.8 |
| Lebanon | 2022 | 12.6 % | 12.5 |
| Macau | Aug/23 | 2.5 % | 2.6 |
| Malaysia | Aug/23 | 3.4 % | 3.4 |
| Philippines | 2Q/23 | 4.4 % | 4.8 |
| Qatar | 1Q/23 | 0.1 % | 0.1 |
| Singapore | 2Q/23 | 1.9 % | 1.8 |
| Sri Lanka | 2Q/23 | 5.2 % | 4.7 |
| Thailand | Jun/23 | 1.06 % | 1.05 |
| Oman | 2022 | 2.3 % | 2.5 |
| Iran | 1Q/23 | 9.7 % | 8.2 |
| Laos | 2022 | 2.6 % | 3.6 |
| Azerbaijan | 2022 | 5.5 % | 6 |
| Kuwait | 2022 | 2.5 % | 2.8 |
| Saudi Arabia | 2Q/23 | 4.9 % | 5.1 |
| Bahrain | 2022 | 5.5 % | 6.6 |
| North Korea | 2022 | 3 % | 3.2 |
| United Arab Emirates | 2022 | 2.75 % | 3.11 |
| Yemen | 2022 | 13.59 % | 13.89 |
| Turkmenistan | 2021 | 5.1 % | 5 |
| Uzbekistan | 2018 | 6.9 % | 7.2 |
| Iraq | 2022 | 15.55 % | 16.17 |
| Syria | 2022 | 9.6 % | 9.8 |
| Afghanistan | 2021 | 13.3 % | 11.7 |
| Bhutan | 2022 | 5.9 % | 4.8 |
| Brunei | 2022 | 7.2 % | 7.4 |
| Mauritius | 2Q/23 | 6.4 % | 6.7 |
