Prefer this file over scraping the HTML page.

# South Korea Unemployment Rate

> South Korea unemployment rate is 2.8% as of Jul 2026, from 2.7%. History from 1990, source OECD. Free API & MCP access.

Unemployment Rate in South Korea rose to 2.8% in Jul 2026 from 2.7% in Jun 2026.

Unemployment Rate in South Korea averaged 3.4% from 1990 until 2026, reaching an all-time high of 8.2% in Sep 1998 and a record low of 1.9% in Feb 1996. The series is reported monthly with history from 1990.

## Stats

| Actual | Previous | Highest | Lowest | Span | Unit | Frequency |
| --- | --- | --- | --- | --- | --- | --- |
| 2.8% | 2.7% | 8.2% (Sep 1998) | 1.9% (Feb 1996) | 1990–2026 | % | monthly |

## FAQ

**What is South Korea's unemployment rate right now?**

Unemployment Rate in South Korea is 2.8% as of Jul 2026.

**What are the historical extremes for South Korea's unemployment rate?**

The all-time high is 8.2% (Sep 1998); the record low is 1.9% (Feb 1996), over a series starting in 1990.

**How often is this series updated?**

Unemployment Rate for South Korea is a monthly series; values refresh when new data is published or revised.

**Where does this data come from?**

See our methodology page for how we source and verify every series.

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Full history via API: `GET https://api.economicsapi.com/v1/history?country=south-korea&indicator=unemployment-rate`.
Back to [Korea, Republic of economy](/south-korea.md).