The unemployment rate in the Republic of Korea as of December 2021 is 3.7 percent.[1] Since its rapid globalization and democratization, the unemployment rate has been comparatively low compared to most OECD countries. This remains the case as of 2021. Being Asia’s fourth-largest economy, the country's booming exports have helped to maintain the unemployment rate very low by the standards of developed countries. There are several measurement differences between the standard of measurement set by the International Labour Organisation and the official measurement of unemployment in the Republic of Korea, set by Statistics Korea, that contribute to an inflated unemployment rate when compared to other countries that abide more strictly by the standard set by the International Labour Organisation.
The official measurement of unemployment by the Republic of Korea differs slightly from the international standard set by the International Labour Organization, and this may skew the rate in different directions.
^"South Korea's 2021 jobless rate falls to lowest since 2017". Reuters. 11 January 2022.
and 27 Related for: Unemployment in South Korea information
The unemployment rate in the Republic of Korea as of December 2021 is 3.7 percent. Since its rapid globalization and democratization, the unemployment rate...
The rate of youth unemploymentinSouthKorea fluctuated in the 9–11% range between 2001 and 2014. It was above 10% in 2018 and down to 7.1% by the end...
SouthKorea, officially the Republic of Korea (ROK), is a country in East Asia. It constitutes the southern part of the Korean Peninsula and borders North...
Education inSouthKorea is provided by both public schools and private schools. Both types of schools receive funding from the government, although the...
It was implemented in 2000 by the SouthKorea government in response to increasing unemployment and poverty resulting from the Korean financial crisis of...
Women inSouthKorea have experienced significant improvements for social changes in recent years, compared to previous times, when Confucianism was deeply...
Suicide inSouthKorea occurs at the 12th highest rate in the world. SouthKorea has the highest recorded suicide rate in the OECD. InSouthKorea, it is...
The Second Republic of Korea (Korean: 제2공화국; RR: Je-i Gonghwaguk; lit. "Second Republic") was the government of SouthKorea from April 1960 to May 1961...
situation inSouthKorea. The term first gained popularity among younger Koreans as a result of anxieties and discontentment about unemployment and working...
Youth unemployment is a special case of unemployment; youth, here, meaning those between the ages of 15 and 24. Young people have difficulties finding...
These costs are reflected in cuts in funding for government programs, higher unemployment and slower economic growth. SouthKorea created a safety net with...
More generally, SouthKorea was hit hardest with high levels of unemployment as well as a collapsing economy. Economic inequality in China 하, 우맘. "연봉금액별...
This is a list of countries by unemployment rate. Methods of calculation and presentation of unemployment rate vary from country to country. Some countries...
of Korean Americans trace their ancestry to SouthKorea. The term Korean Americans (also rendered as Korean-Americans) usually encompasses citizens of...
Unemploymentin the United States discusses the causes and measures of U.S. unemployment and strategies for reducing it. Job creation and unemployment...
The history of SouthKorea begins with the Japanese surrender on 2 September 1945. At that time, SouthKorea and North Korea were divided, despite being...
The defense industry of SouthKorea is the main supplier of armaments to the Republic of Korea's Armed Forces. Originally heavily reliant on the United...
(GNP) increased from US$142 per capita in 1967 to US$27,200 in 2015. Due to its falling unemployment rate, SouthKorea by the early 1990s realized it needed...
weather events inSouthKorea that affects: social, economy, industry, culture, and many other sectors. SouthKorea is experiencing changes in climate parameters...
Government of the Republic of Korea, despite the SouthKorean government considering it their predecessor since 1987. In addition, the U.S. military was...
with SouthKorea. China is North Korea's largest trading partner. North Korea's ideology of Juche has resulted in the country pursuing autarky in an environment...
After the Korean War, 333 SouthKorean people detained in North Korea as prisoners of war chose to stay in North Korea. During subsequent decades of the...
Global Information