South Korea Unemployment Rate

Country: South Korea, KRW
Importance:
Low
Sector: Labor
Last release
Actual
2.8%
Forecast
2.7%
Previous
2.8%
Next release
Actual
Coming in 27 days
Forecast
3.0%
Previous
2.8%
Date (GMT)
Reference
Actual
Forecast
Sep 2019
3.4%
3.9%
Aug 2019
3.1%
4.1%
Jul 2019
4.0%
4.1%
Jun 2019
4.0%
3.9%
May 2019
4.0%
3.9%
Apr 2019
4.1%
3.9%
Mar 2019
3.8%
3.9%
Feb 2019
3.7%
3.9%
Jan 2019
4.4%
Dec 2018
3.8%
Nov 2018
3.8%
Oct 2018
3.9%
Sep 2018
4.0%
Aug 2018
4.2%
Jul 2018
3.8%
Jun 2018
3.7%
May 2018
4.0%
Apr 2018
3.8%
Mar 2018
4.0%
Feb 2018
3.6%

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.