In 2023, the unemployment rate in South Korea was approximately 2.7 percent, down from about 2.9 percent in the previous year. The outbreak of the COVID-19 pandemic had a significant impact on the economy, causing the unemployment rate to reach its highest point since 2000 in 2020.
Unemployment rate in South Korea from 1990 to 2023
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*Figures up to 1999 refer to the unemployment rate of persons aged 15 years or older who were without a job and have actively sought employment during the last one week.
An unemployed person is a person age 15 years or older who was without a job during the survey week but has been actively seeking employment in the past four weeks and is ready to begin work immediately.
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Statistics Korea. (June 14, 2024). Unemployment rate in South Korea from 1990 to 2023 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1233053/south-korea-unemployment-rate/
Statistics Korea. "Unemployment rate in South Korea from 1990 to 2023." Chart. June 14, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1233053/south-korea-unemployment-rate/
Statistics Korea. (2024). Unemployment rate in South Korea from 1990 to 2023. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1233053/south-korea-unemployment-rate/
Statistics Korea. "Unemployment Rate in South Korea from 1990 to 2023." Statista, Statista Inc., 14 Jun 2024, https://www.statista.com/statistics/1233053/south-korea-unemployment-rate/
Statistics Korea, Unemployment rate in South Korea from 1990 to 2023 Statista, https://www.statista.com/statistics/1233053/south-korea-unemployment-rate/ (last visited August 24, 2024)
Unemployment rate in South Korea from 1990 to 2023 [Graph], Statistics Korea, June 14, 2024. [Online]. Available: https://www.statista.com/statistics/1233053/south-korea-unemployment-rate/
