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 2014
3.5%
Aug 2014
3.5%
Jul 2014
3.4%
Jun 2014
3.6%
May 2014
3.7%
Apr 2014
3.7%
Mar 2014
3.5%
Feb 2014
3.9%
Jan 2014
3.2%
Dec 2013
3.0%
Nov 2013
2.9%
Oct 2013
3.0%
Sep 2013
3.0%
Aug 2013
3.1%
Jul 2013
3.2%
Jun 2013
3.2%
May 2013
3.2%
Apr 2013
3.1%
Mar 2013
3.2%
Feb 2013
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.