Unemployment Rate

Date Time Left   Event Impact Previous Consensus Actual
Jan 14, 23:00  Unemployment Rate 3.6% 3.6% 3.8%

Unemployment Rate

The Unemployment Rate released by the National Statistical Office is the number of unemployed workers compared to all the active workers in the economy. If the number rises, it indicates a lack of expansion within the South Korean labor market and thus a weakening in the economy. Normally, a decrease in the figure is seen as positive (or bullish) for the Won, while an increase is seen as negative (or bearish).



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