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South Korea Unemployment Rate

Last Release
Jul 31, 2025
Actual
2.5
Units In
%
Previous
2.6
Frequency
Monthly
Next Release
Sep 10, 2025
Time to Release
27 Days 23 Hours
Highest
Lowest
Average
Date Range
Source
7.1
Jun 1999
2.4
Aug 2023
3.54 %1999-2025Statistics Korea
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.

Latest Updates

South Korea’s seasonally adjusted unemployment rate fell to 2.5% in July 2025, marking a second consecutive monthly decline after 2.7% in May and 2.6% in June. The number of unemployed decreased to 726,000, down 11,000 or 1.5% from a year earlier. Employment rose by 171,000, or 0.6%, to 29.03 million over the same period. The labor force participation rate edged up 0.1 percentage point to 65%, indicating continued strength in labor market engagement. The data highlight the resilience of South Korea’s job market despite persistent global economic headwinds.

South Korea Unemployment Rate History

Last 12 readings

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