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South Korea Employment Situation

by Eduardo Petazze
In May 2014 the unemployment rate was 3.55%, NSA (3.7%, SA), growing 0.51% points Y/Y
The youth unemployment rate was 8.7%, rise 1.3% points Y/Y
Links to KoStat recent releases:
May 2014 English pdf, 3 pages
May 2014 Korean pdf, 54 pages
Previous press releases:
April 2014 English pdf, 3 pages
April 2014 Korean pdf, 54 pages
(000)
2009
2010
2011
2012
2013
(000)
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
May-14
Annual chg
Y/Y
Last data

Population
(>15yr)
40,092
40,590
41,052
41,582
42,096
Population
(>15yr)
41,877
41,926
41,961
42,002
42,047
42,098
42,145
42,168
42,193
42,218
42,245
42,272
42,304
42,343
42,378
42,414
42,453
406
0.97%

Economically active population


Non-economic
Total
Employed Unemployed active population
24,394
23,506
889
15,698
24,748
23,829
920
15,841
25,099
24,244
855
15,953
25,501
24,681
820
16,081
25,873
25,067
807
16,223
Economically active population
Non-economic
Total
Employed Unemployed active population
24,901
24,054
847
16,975
24,973
23,984
990
16,953
25,397
24,514
883
16,564
25,928
25,103
825
16,074
26,195
25,398
797
15,853
26,291
25,478
813
15,807
26,301
25,473
828
15,844
26,074
25,291
783
16,094
26,186
25,466
720
16,008
26,268
25,545
724
15,949
26,230
25,530
700
16,016
25,736
24,962
774
16,537
25,650
24,759
891
16,654
25,997
24,819
1,178
16,346
26,187
25,163
1,024
16,191
26,714
25,684
1,030
15,700
26,762
25,811
951
15,691
567
413
154
2.16%
1.63%
19.32%

Rate
Activity
Employment Unemployment
60.85%
58.63%
3.64%
60.97%
58.71%
3.72%
61.14%
59.06%
3.41%
61.33%
59.36%
3.22%
61.46%
59.55%
3.12%
Rate
Activity
Employment Unemployment
59.46%
57.44%
3.40%
59.56%
57.21%
3.96%
60.53%
58.42%
3.48%
61.73%
59.77%
3.18%
62.30%
60.40%
3.04%
62.45%
60.52%
3.09%
62.41%
60.44%
3.15%
61.83%
59.98%
3.00%
62.06%
60.36%
2.75%
62.22%
60.51%
2.76%
62.09%
60.43%
2.67%
60.88%
59.05%
3.01%
60.63%
58.53%
3.47%
61.40%
58.61%
4.53%
61.79%
59.38%
3.91%
62.98%
60.56%
3.86%
63.04%
60.80%
3.55%