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South Korea Unemployment Rate

Country:
South Korea
KRW, South Korean won
Source:
Statistics Korea
Sector:
Labor
Medium 2.5% 2.5%
2.4%
Last release Importance Actual Forecast
Previous
2.2%
2.5%
Next release Actual Forecast
Previous
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The Unemployment Rate reflects a percentage of unemployed workers in relation to the total labor force. The unemployed include persons of working age, which are currently unemployed and are actively seeking employment. A higher than expected reading is seen as negative for the South Korean won quotes.

Last values:

actual data

forecast

The chart of the entire available history of the "South Korea Unemployment Rate" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Sep 2024
2.5%
2.5%
2.4%
Aug 2024
2.4%
2.4%
2.5%
Jul 2024
2.5%
2.9%
2.8%
Jun 2024
2.8%
2.9%
2.8%
May 2024
2.8%
2.6%
2.8%
Apr 2024
2.8%
2.8%
2.8%
Mar 2024
2.8%
2.6%
2.6%
Feb 2024
2.6%
2.9%
3.0%
Jan 2024
3.0%
3.3%
3.2%
Dec 2023
3.3%
2.9%
2.8%
Nov 2023
2.8%
2.5%
2.5%
Oct 2023
2.5%
2.5%
2.6%
Sep 2023
2.6%
2.6%
2.4%
Aug 2023
2.4%
2.7%
2.8%
Jul 2023
2.8%
2.5%
2.6%
Jun 2023
2.6%
2.5%
2.5%
May 2023
2.5%
2.6%
2.6%
Apr 2023
2.6%
2.6%
2.7%
Mar 2023
2.7%
2.7%
2.6%
Feb 2023
2.6%
3.1%
2.9%
Jan 2023
2.9%
3.1%
3.1%
Dec 2022
3.3%
2.8%
2.9%
Nov 2022
2.9%
2.8%
2.8%
Oct 2022
2.8%
2.6%
2.8%
Sep 2022
2.8%
2.7%
2.5%
Aug 2022
2.5%
2.9%
2.9%
Jul 2022
2.9%
2.8%
2.9%
Jun 2022
2.9%
2.7%
2.8%
May 2022
2.8%
2.7%
2.7%
Apr 2022
2.7%
3.6%
2.7%
Mar 2022
2.7%
3.6%
2.7%
Feb 2022
2.7%
3.7%
3.6%
Jan 2022
3.6%
3.5%
3.8%
Dec 2021
3.8%
3.1%
3.1%
Nov 2021
3.1%
3.1%
3.2%
Oct 2021
3.2%
2.9%
3.0%
Sep 2021
3.0%
3.6%
2.8%
Aug 2021
2.8%
4.1%
3.3%
Jul 2021
3.3%
4.5%
3.7%
Jun 2021
3.7%
4.6%
3.8%
May 2021
3.8%
4.0%
3.7%
Apr 2021
3.7%
3.8%
3.9%
Mar 2021
3.9%
3.9%
4.0%
Feb 2021
4.0%
4.8%
5.4%
Jan 2021
5.4%
4.0%
4.5%
Dec 2020
4.6%
3.9%
4.1%
Nov 2020
4.1%
4.4%
4.2%
Oct 2020
4.2%
3.6%
3.9%
Sep 2020
3.9%
3.8%
3.2%
Aug 2020
3.2%
4.1%
4.2%
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