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.
To calculate South Korea unemployment rate you need to take the number of the country residents without a job and looking for work divided by the total number of residents in the labor force.
The lowest ever South Korea unemployment rate is 2.40%.
The highest figure South Korea unemployment rate has ever reached is 7.10%.
Last month South Korea unemployment rate was 2.50%, and the month before that it amounted to 2.40%.