South Korea Unemployment Rate

Country: South Korea, KRW
Importance:
Low
Sector: Labor
Last release
14 Apr 2026 23:00 GMT
Actual
2.7%
Forecast
3.0%
Previous
2.9%
Next release
12 May 2026 23:00 GMT
Actual
Coming in 14 days
Forecast
2.8%
Previous
2.7%
Date (GMT)
Reference
Actual
Forecast
13 Apr 2021
Mar 2021
3.9%
3.9%
16 Mar 2021
Feb 2021
4.0%
4.8%
09 Feb 2021
Jan 2021
5.4%
4.0%
12 Jan 2021
Dec 2020
4.6%
3.9%
15 Dec 2020
Nov 2020
4.1%
4.4%
10 Nov 2020
Oct 2020
4.2%
3.6%
15 Oct 2020
Sep 2020
3.9%
3.8%
08 Sept 2020
Aug 2020
3.2%
4.1%
11 Aug 2020
Jul 2020
4.2%
3.9%
14 Jul 2020
Jun 2020
4.3%
4.0%
09 Jun 2020
May 2020
4.5%
3.7%
12 May 2020
Apr 2020
3.8%
3.8%
16 Apr 2020
Mar 2020
3.8%
3.9%
10 Mar 2020
Feb 2020
3.3%
4.0%
11 Feb 2020
Jan 2020
4.0%
3.6%
14 Jan 2020
Dec 2019
3.8%
3.6%
10 Dec 2019
Nov 2019
3.6%
3.6%
12 Nov 2019
Oct 2019
3.5%
3.8%
15 Oct 2019
Sep 2019
3.4%
3.9%
10 Sept 2019
Aug 2019
3.1%
4.1%

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.