South Korea Unemployment Rate
1960–2024
- South Korea Unemployment Rate is 2.4% in August 2024, after reporting a value of 2.5% in the previous month.
- South Korea Unemployment Rate averaged 3.8% from December 1960 to August 2024, reaching an all time high of 8.3% in October 1966 and a record low of 1.5% in March 1988.
Source: Korean Statistical Information Service
Related Indicators
Name | Reference | Last | Previous | Unit |
---|---|---|---|---|
Unemployment Rate | August 2024 | 2.4 | 2.5 | percent |
Employed Persons | August 2024 | 28,561 | 28,547 | persons |
Unemployed Persons | August 2024 | 715 | 731 | persons |
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