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South Korea Unemployment Rate
Last Release
May 31, 2025
Actual
2.7
Units In
%
Previous
2.7
Frequency
Monthly
Next Release
Jul 16, 2025
Time to Release
1 Months 3 Days 22 Hours
Highest | Lowest | Average | Date Range | Source |
7.1 Jun 1999 | 2.4 Aug 2023 | 3.55 % | 1999-2025 | 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
South Korea’s seasonally adjusted unemployment rate remained unchanged at 2.7% in May 2025, marking the third time this year it has held at that level. The number of unemployed individuals fell by 3.6% year-over-year (down 32,000), totaling 853,000 for the month. Meanwhile, employment figures showed growth, with the number of employed people rising by 0.8% (an increase of 245,000) to 29.16 million compared to May 2024. The labor force participation rate also inched up to 65.6% from 65.1% in April.
South Korea Unemployment Rate History
Last 12 readings
