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Unemployment rate (monthly) in South Korea

Latest
2.6%
Previous
2.7%
Change
-0.10 (-3.7%)
Reference period
Frequency
Monthly
Unit
Percent

Unemployment rate (monthly) over time

Unemployment rate (monthly) in South Korea

Monthly, Percent

Source: OECD
Observations for Unemployment rate (monthly) in South Korea
Date Value
3.3%
3.1%
3.2%
3.2%
2.9%
2.8%
2.8%
2.9%
2.9%
3.0%
2.8%
2.9%
2.9%
2.8%
2.7%
2.7%
2.7%
2.7%
2.6%
2.5%
2.6%
2.9%
2.7%
2.8%
2.6%
2.8%
2.8%
2.8%
2.7%
2.8%
2.8%
2.8%
2.8%
2.7%
2.6%
2.6%
2.8%
2.8%
3.1%
2.8%
2.8%
2.8%
2.7%
2.7%
2.7%
2.7%
2.8%
2.7%
2.7%
2.8%
3.3%
3.0%
2.9%
2.7%
2.8%
2.8%
2.7%
2.8%
2.7%
2.6%

About this indicator

Source: OECD (opens in a new tab)

Source: OECD (2026), Key short-term economic indicators, https://sdmx.oecd.org. Original data: Statistics Korea, Bank of Korea, National Bureau of Statistics of China, Ministry of Statistics and Programme Implementation and Labour Bureau (India), BPS-Statistics Indonesia, INE (Chile), DANE (Colombia), INEC (Costa Rica), Central Bureau of Statistics (Israel), Statistics New Zealand; GDP for the other countries is national accounts reported to the OECD. India's prices are the index for industrial workers. Colombia's production index covers manufacturing; Israel's is a proxy based on manufacturing. Chile's unemployment series was spliced by the OECD across the 2010 survey change, not by INE. Trade, current account and interest rates come from each country's customs authority, statistics office (Saudi Arabia: GASTAT) or central bank (Russia: Bank of Russia); the instrument and maturity of the rates differ by country. Seasonal adjustment and the 2015-based indices are the OECD's.

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