Key data points
Last release
—
Observation period
Oct 2024
Next release
—
Forecast
—
Highest
7.10 % on Jun 30, 1999
Lowest
2.40 % on Aug 31, 2024
About South Korea unemployment rate
In South Korea, the seasonally adjusted unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Related indicators
Frequently Asked Questions
To calculate South Korea unemployment rate you need to take the number of the country residents without a job and looking for work divided by the total number of residents in the labor force.
The lowest ever South Korea unemployment rate is 2.40%.
The highest figure South Korea unemployment rate has ever reached is 7.10%.
Last month South Korea unemployment rate was 2.70%, and the month before that it amounted to 2.50%.