South Korea Unemployment Rate

South Korea seasonally adjusted unemployment rate came in at 3.7 percent in May of 2016, unchanged from the previous month, compared to a market expectations of 3.8 percent. A year earlier, the jobless rate as recorded at 3.8 percent. On an unadjusted basis, unemployment rate dropped to 3.7 percent, compared to 3.9 percent in April. Unemployment Rate in South Korea averaged 3.63 percent from 1999 until 2016, reaching an all time high of 7.10 percent in June of 1999 and a record low of 2.90 percent in November of 2013. Unemployment Rate in South Korea is reported by the Statistics Korea. 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. This page provides – South Korea Unemployment Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news.