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
May 2016
3.7%
Apr 2016
3.7%
Mar 2016
3.8%
Feb 2016
4.1%
Jan 2016
3.5%
Dec 2015
3.4%
Nov 2015
3.4%
Oct 2015
3.4%
Sep 2015
3.5%
Aug 2015
3.6%
Jul 2015
3.7%
Jun 2015
3.9%
May 2015
3.9%
Apr 2015
3.7%
Mar 2015
3.7%
Feb 2015
3.9%
Jan 2015
3.4%
Dec 2014
3.5%
Nov 2014
3.4%
Oct 2014
3.5%

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.