South Korea Unemployment Rate

1960–2023

  • South Korea Unemployment Rate is 2.5% in October 2023, after reporting a value of 2.6% in the previous month.
  • South Korea Unemployment Rate averaged 3.9% from December 1960 to October 2023, reaching an all time high of 8.3% in October 1966 and a record low of 1.5% in March 1988.

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Source: Korean Statistical Information Service
Related Indicators
Name Reference Last Previous Unit
Unemployment Rate October 2023 2.5 2.6 percent
Employed Persons October 2023 28,515 28,473 persons
Unemployed Persons October 2023 721 761 persons
This page provides the latest values for South Korea Unemployment Rate, long-term historical data, charts, and statistics.