South Korea Youth Unemployment Rate 1991-2023
Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment.
- South Korea youth unemployment rate for 2022 was 6.88%, a 1.18% decline from 2021.
- South Korea youth unemployment rate for 2021 was 8.06%, a 2.09% decline from 2020.
- South Korea youth unemployment rate for 2020 was 10.14%, a 0.3% increase from 2019.
- South Korea youth unemployment rate for 2019 was 9.84%, a 0.26% decline from 2018.
South Korea Youth Unemployment Rate - Historical Data |
Year |
% of Total Labor Force Ages 15-24 |
Annual Change |
2022 |
6.88% |
-1.18% |
2021 |
8.06% |
-2.09% |
2020 |
10.14% |
0.30% |
2019 |
9.84% |
-0.26% |
2018 |
10.10% |
0.33% |
2017 |
9.77% |
-0.38% |
2016 |
10.16% |
0.24% |
2015 |
9.91% |
1.33% |
2014 |
8.58% |
0.66% |
2013 |
7.92% |
0.19% |
2012 |
7.73% |
-0.57% |
2011 |
8.30% |
-0.23% |
2010 |
8.53% |
-0.69% |
2009 |
9.22% |
0.56% |
2008 |
8.65% |
0.81% |
2007 |
7.84% |
-1.07% |
2006 |
8.91% |
-0.41% |
2005 |
9.33% |
-0.48% |
2004 |
9.80% |
0.37% |
2003 |
9.43% |
1.52% |
2002 |
7.92% |
-1.44% |
2001 |
9.36% |
-0.64% |
2000 |
10.00% |
-3.89% |
1999 |
13.88% |
-1.82% |
1998 |
15.71% |
8.25% |
1997 |
7.46% |
1.46% |
1996 |
6.00% |
-0.15% |
1995 |
6.15% |
-0.96% |
1994 |
7.11% |
-1.66% |
1993 |
8.77% |
1.31% |
1992 |
7.46% |
0.31% |
1991 |
7.15% |
0.31% |