South Korea: Employment
* indicates monthly or quarterly data series
The most recent value is 28.84 million employed people as of September 2024, an increase compared to the previous value of 28.8 million employed people. Historically, the average for South Korea from June 1999 to September 2024 is 24.73 million employed people. The minimum of 20.21 million employed people was recorded in January 2000, while the maximum of 28.92 million employed people was reached in May 2024.
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* indicates monthly or quarterly data series
- Measure: million employed people
- Source: Korean Statistical Information Service
| Recent values | South Korea: Employment, million people |
|---|---|
| 2024 Sep | 28.84 |
| 2024 Aug | 28.8 |
| 2024 Jul | 28.86 |
| 2024 Jun | 28.91 |
| 2024 May | 28.92 |
| 2024 Apr | 28.69 |
| 2024 Mar | 28.4 |
| 2024 Feb | 28.04 |
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Definition: The number of people, in millions, engaged in the economy as paid employees or as self-employed.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Labor force | 29.52 | 2023 | million people |
| Unemployment rate | 2.64 | 2023 | percent |
| Female unemployment | 2.69 | 2023 | percent |
| Male unemployment | 2.61 | 2023 | percent |
| Youth unemployment | 5.37 | 2023 | percent |
| Labor force participation | 64.51 | 2023 | percent |
| Labor force: percent female | 43.48 | 2023 | percent |
| Female labor force participation | 55.77 | 2023 | percent |
| Male labor force participation | 73.34 | 2023 | percent |
| Hours worked | 1,895.79 | 2023 | hours |
| Self-employment | 23.45 | 2022 | percent |
| Employment | 28.84 | 9/2024 | million employed people |
| Unemployment rate | 2.10 | 9/2024 | percent |
| Labor cost | 114.80 | Q2/2024 | index points |