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
Jan 2018
3.6%
Dec 2017
3.6%
Nov 2017
3.7%
Oct 2017
3.6%
Sep 2017
3.7%
Aug 2017
3.8%
Jul 2017
3.6%
Jun 2017
3.8%
May 2017
3.6%
Apr 2017
4.0%
Mar 2017
3.7%
Feb 2017
4.0%
Jan 2017
3.6%
Dec 2016
3.4%
Nov 2016
3.6%
Oct 2016
3.7%
Sep 2016
4.0%
Aug 2016
3.6%
Jul 2016
3.6%
Jun 2016
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.