About South Korea Unemployment Rate
In South Korea, the seasonally adjusted unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Related indicators
Frequently Asked Questions
To calculate South Korea Unemployment Rate you need to take the number of the country residents without a job and looking for work divided by the total number of residents in the labor force.
The lowest ever South Korea Unemployment Rate is 2.40%.
The highest figure South Korea Unemployment Rate has ever reached is 7.10%.