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South Korea Unemployment Rate
Last Release
Feb 29, 2024
Actual
2.6
Units In
%
Previous
3
Frequency
Monthly
Next Release
Apr 11, 2024
Time to Release
29 Days 10 Hours
Highest | Lowest | Average | Date Range | Source |
7.1 Jun 1999 | 2.4 Aug 2023 | 3.59 % | 1999-2024 | Statistics 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
The seasonally adjusted unemployment rate in South Korea fell to 2.6% in February 2024, from 3% in the prior month. The economy added more than 300,000 jobs for the second consecutive month and number of employed people came to 28.04 million, up 329,000 from a year earlier.
South Korea Unemployment Rate History
Last 12 readings
