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 Aug 2019
Jul 2019
4.0%
4.1%
09 Jul 2019
Jun 2019
4.0%
3.9%
11 Jun 2019
May 2019
4.0%
3.9%
14 May 2019
Apr 2019
4.1%
3.9%
09 Apr 2019
Mar 2019
3.8%
3.9%
12 Mar 2019
Feb 2019
3.7%
3.9%
12 Feb 2019
Jan 2019
4.4%
08 Jan 2019
Dec 2018
3.8%
11 Dec 2018
Nov 2018
3.8%
13 Nov 2018
Oct 2018
3.9%
11 Oct 2018
Sep 2018
4.0%
11 Sept 2018
Aug 2018
4.2%
16 Aug 2018
Jul 2018
3.8%
10 Jul 2018
Jun 2018
3.7%
14 Jun 2018
May 2018
4.0%
15 May 2018
Apr 2018
3.8%
10 Apr 2018
Mar 2018
4.0%
13 Mar 2018
Feb 2018
3.6%
13 Feb 2018
Jan 2018
3.6%
09 Jan 2018
Dec 2017
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.