Unemployment Rate

The Unemployment Rate released by the National Statistical Office is the number of unemployed workers compared to all the active workers in the economy. If the number rises, it indicates a lack of expansion within the South Korean labor market and thus a weakening in the economy. Normally, a decrease in the figure is seen as positive (or bullish) for the Won, while an increase is seen as negative (or bearish).

Most recent - Tuesday 10 September 2024 23:00

Previous
2.5%
Revised
-
Forecast
-
Actual
2.4%

Next event - Tuesday 15 October 2024 23:00

Previous
-
Forecast
-
Actual
-

The typical/expected market impact of this event is low.

There is no forecast value for Unemployment Rate yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Unemployment Rate was 2.4%.

Past events

Date
Forecast
Actual
Tuesday 10 September 2024 23:00
-
2.4%
Tuesday 13 August 2024 23:00
-
2.5%
Tuesday 9 July 2024 23:00
-
2.8%
Tuesday 11 June 2024 23:00
-
2.8%
Thursday 16 May 2024 23:00
-
2.8%
Thursday 11 April 2024 23:00
-
2.8%
Tuesday 12 March 2024 23:00
-
2.6%
Thursday 15 February 2024 23:00
-
3%
Tuesday 9 January 2024 23:00
-
3.3%
Tuesday 12 December 2023 23:00
-
2.8%
Tuesday 14 November 2023 23:00
-
2.5%
Thursday 12 October 2023 23:00
-
2.6%
Tuesday 12 September 2023 23:00
-
2.4%
Tuesday 8 August 2023 23:00
2.5%
2.8%
Tuesday 11 July 2023 23:00
2.5%
2.6%
Tuesday 13 June 2023 23:00
2.6%
2.5%
Tuesday 9 May 2023 23:00
2.6%
2.6%
Tuesday 11 April 2023 23:00
2.7%
2.7%
Tuesday 14 March 2023 23:00
3.1%
2.6%
Tuesday 14 February 2023 23:00
3.1%
2.9%
Tuesday 10 January 2023 23:00
2.8%
3.3%
Tuesday 13 December 2022 23:00
2.8%
2.9%
Tuesday 8 November 2022 23:00
2.6%
2.8%
Thursday 13 October 2022 23:00
2.7%
2.8%
Thursday 15 September 2022 23:00
2.9%
2.5%
Tuesday 9 August 2022 23:00
2.8%
2.9%
Tuesday 12 July 2022 23:00
-
2.9%
Tuesday 14 June 2022 23:00
-
2.8%
Tuesday 10 May 2022 23:00
3.6%
2.7%
Tuesday 12 April 2022 23:00
3.6%
2.7%
Tuesday 15 March 2022 23:00
3.7%
2.7%
Tuesday 15 February 2022 23:00
3.5%
3.6%
Tuesday 11 January 2022 23:00
3.1%
3.8%
Tuesday 14 December 2021 23:00
-
3.1%
Tuesday 9 November 2021 23:00
-
3.2%
Tuesday 12 October 2021 23:00
-
3%

Economic context

Other recent announcements which may affect the market's interpretation of the next Unemployment Rate result:

PreviousLatest
Gross Domestic Product Growth (QoQ) (no change)-0.2%-0.2%

About Unemployment Rate

Country:South Korea
Currency:KRW
Source:Statistics Korea
Category:Labor Market
Frequency:Monthly
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