CONVEX
Sign in
Asia Pacific Laborannual

South Korea Unemployment Rate (WEO)

ILO-modeled annual unemployment rate for South Korea from the IMF WEO. Structurally low; cyclically responsive to the chip-sector capex cycle.

The South Korea Unemployment Rate (WEO) is currently 2.68%, last updated .

2.68%
1W -3.63%1M -3.63%3M -3.63%
Updated 15h ago
All formats →

Asia Pacific macro diverges meaningfully from U.S. cycles. Japan's multi-decade disinflation, Korea's export-driven industrial cycle, and Australia's commodity-tilted economy each respond to different drivers. Monitoring the region alongside U.S. data reveals when a global story (the China credit cycle, the semiconductor cycle, global trade growth) is the real variable behind seemingly U.S.-centric moves.

No data available

Recent Data

Download CSV
DateValueChange
Dec 31, 20252.68%-3.63%
Dec 31, 20242.78%+4.07%
Dec 31, 20232.67%-6.37%
Dec 31, 20222.86%-21.49%
Dec 31, 20213.64%-7.43%
Dec 31, 20203.93%+4.94%
Dec 31, 20193.75%-2.04%
Dec 31, 20183.82%+4.68%
Dec 31, 20173.65%+0.08%
Dec 31, 20163.65%+2.93%
Dec 31, 20153.55%+15.06%
Dec 31, 20143.08%+0.49%
Dec 31, 20133.07%+9.07%
Dec 31, 20122.81%-6.02%
Dec 31, 20112.99%-9.99%
Dec 31, 20103.32%-1.16%
Dec 31, 20093.36%+13.65%
Dec 31, 20082.96%-1.79%
Dec 31, 20073.01%-7.41%
Dec 31, 20063.25%-6.55%
Dec 31, 20053.48%+1.81%
Dec 31, 20043.42%+2.15%
Dec 31, 20033.35%+9.91%
Dec 31, 20023.05%—

Related in Asia Pacific Labor

Japan Unemployment Rate (WEO)
ILO-modeled annual unemployment rate for Japan from the IMF WEO. Structurally very low by G7 standards; demographics drag the labor force down.
China Unemployment Rate (WEO)
ILO-modeled annual unemployment rate for China from the IMF WEO. The official urban survey rate runs close to 5%.
India Unemployment Rate (WEO)
ILO-modeled annual unemployment rate for India from the IMF WEO. Headline rate masks structurally high youth and working-age underemployment.
Australia Unemployment Rate (WEO)
ILO-modeled annual unemployment rate for Australia from the IMF WEO. Post-COVID rate dropped to its lowest since the 1970s before normalizing.

Explore Further

Forecast 2026
South Korea Unemployment Rate (WEO) Outlook
Scenario-weighted forecast using regime implied approach.
Category
All Asia Pacific Data
Japan, Korea, Australia, New Zealand, Indonesia, and broader APAC. Rates, inflation, labor markets, and equity benchmark...

Frequently Asked Questions

▶What is South Korea Unemployment Rate (WEO)?
ILO-modeled annual unemployment rate for South Korea from the IMF WEO. Structurally low; cyclically responsive to the chip-sector capex cycle.
▶How does South Korea Unemployment Rate (WEO) relate to asia pacific labor?
South Korea Unemployment Rate (WEO) is part of the Asia Pacific Labor category. Asia Pacific macro diverges meaningfully from U.S. cycles. Japan's multi-decade disinflation, Korea's export-driven industrial cycle, and Australia's commodity-tilted economy each respond to different drivers. Monitoring the region alongside U.S. data reveals when a global story (the China credit cycle, the semiconductor cycle, global trade growth) is the real variable behind seemingly U.S.-centric moves.
▶How often is South Korea Unemployment Rate (WEO) updated?
South Korea Unemployment Rate (WEO) is updated annual. Each metric page on Convex shows the exact time of the last data update and provides historical data going back up to five years.
▶Where does Convex source South Korea Unemployment Rate (WEO) data?
Convex sources South Korea Unemployment Rate (WEO) data from official government and market data providers. Data is fetched automatically and displayed alongside interactive charts, AI analysis, and historical context.
▶What can I do on the South Korea Unemployment Rate (WEO) chart page?
The South Korea Unemployment Rate (WEO) page includes an interactive chart with selectable time ranges (1 month to 5 years), percentage changes over multiple timeframes, a table of recent readings, AI-generated analysis, and links to related metrics and comparisons.
ShareXRedditLinkedInHN

Get daily macro analysis covering South Korea Unemployment Rate (WEO) and related indicators delivered to your inbox.

Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated annual. This page is for informational purposes only and does not constitute financial advice.