South Korea youth unemployment rate
South Korea youth unemployment rate: 6.4 (1.59%)
Last Update: February 29, 2024
Last Update: February 29, 2024
South Korea youth unemployment rate closed down 6.4 as of February 29, 2024 from 6.3 from the previous month and 7 from last year.
South Korea youth unemployment rate Analytics & Data
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South Korea youth unemployment rate
Date | Values |
---|---|
2024-02-29 | 6.4 |
2024-01-31 | 6.3 |
2023-12-31 | 5.9 |
2023-11-30 | 5.3 |
2023-10-31 | 5 |
2023-09-30 | 5.3 |
2023-08-31 | 4.5 |
2023-07-31 | 6.1 |
2023-06-30 | 6.3 |
2023-05-31 | 5.9 |
2023-04-30 | 6.5 |
2023-03-31 | 7.2 |
2023-02-28 | 7 |
2023-01-31 | 5.8 |
2022-12-31 | 5.2 |
2022-11-30 | 5.9 |
2022-10-31 | 5.7 |
2022-09-30 | 6.2 |
2022-08-31 | 5.4 |
2022-07-31 | 6.6 |
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South Korea youth unemployment rate Statistics
Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | Percentile | Update |
---|---|---|---|---|---|---|---|---|---|
youth unemployment rate | kr.ytunemploymentrate | 6.4 | 6.3 | 2 | -9 | UP | Down | 51 | 2024-02-29 |
South Korea youth unemployment rate Factors
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What is the South Korea youth unemployment rate
South Korea Youth Unemployment Rate: Current and Historical DataWelcome to our webpage dedicated to providing you with up-to-date and comprehensive information on the youth unemployment rate in South Korea. Here, you will find detailed analytics, charts, and trends that will help you understand the current state of youth unemployment in the country.
What is South Korea Youth Unemployment Rate?
The youth unemployment rate refers to the percentage of the youth population (typically aged 15 to 24) who are actively seeking employment but remain unemployed. This important economic indicator helps us assess the labor market's health and the challenges faced by young individuals in finding suitable job opportunities.
Interpreting South Korea Youth Unemployment Rate:
Understanding the youth unemployment rate is crucial as it provides insights into various economic and social factors affecting young people. A high youth unemployment rate suggests potential obstacles such as lack of opportunities, skills mismatch, or a weakening economy. Conversely, a declining youth unemployment rate signifies a healthy job market and improved prospects for young individuals.
Analyzing Current Data, Trends, and Signals:
Our webpage offers a range of charts and analytics that allow you to explore the current state of youth unemployment in South Korea comprehensively. These visual representations can help you identify patterns, trends, and potential influencing factors. For example, you can compare the youth unemployment rate over time, analyze its correlation with GDP growth or educational factors, and assess any seasonality effects.
Export Historical Data for Free:
For those looking for more in-depth analysis, we offer the ability to export historical data for free. By downloading the data, you can conduct your own research, create customized charts, and perform advanced statistical analysis. This flexibility enables you to gain deeper insights into the youth unemployment rate and its implications for various socioeconomic aspects.
Utilize MacroVar Signals, Trends, and Analysis:
To supplement your understanding of South Korea's youth unemployment rate, our webpage also provides access to MacroVar signals, trends, and analysis. These valuable indicators allow you to assess the broader economic landscape and identify potential influences on youth unemployment. By utilizing these comprehensive tools, you can make informed decisions and anticipate future shifts in the job market.
Stay Informed and Empowered:
We believe that providing accurate and insightful information empowers individuals, policymakers, and businesses to address the challenges of youth unemployment effectively. On our webpage, we aim to bring together a clear representation of South Korea's youth unemployment rate by utilizing data, analytics, and powerful tools.
Join us in exploring the South Korea youth unemployment rate and gain access to valuable resources that will equip you with the knowledge needed to make informed decisions and contribute to positive change.
South Korea Financial Markets
Market | Symbol | Last | Mom | Trend | Exh | RSI | 1D% | 1W% | 1M% | 1Y% |
---|---|---|---|---|---|---|---|---|---|---|
KOSPI | KOSPI | 2494.28 | 0 | -0.25 | -0.17855 | 53.6566 | -0.00822 | -0.0109 | 0.02059 | 0.03571 |
South Korea ETF | EWY | 56.25 | -1 | -1 | -2.00251 | 41.5579 | 0.02366 | -0.00248 | -0.02597 | 0.0857 |
Korean Won US Dollar (KRW/USD) | KRWUSD | 1334.34 | -1 | 0.75 | 0.75369 | 41.5042 | -0.01074 | -0.01421 | -0.00891 | 0.0135 |
South Korea 5-Year Bond Yield | KR.5Y | 3.719 | -1 | 1 | 0.97655 | 42.5779 | -0.00668 | -0.03201 | -0.00295 | 0.06531 |
South Korea 2-year bond yield | KR.2Y | 3.76 | 1 | 1 | 1.11385 | 54.38 | -0.87 | 0.83 | 0.7 | -0.4 |
South Korea Yield Curve | KR.YC | 0.266 | -0.5 | 1 | 1.90389 | 49.4473 | -0.10135 | -0.32143 | -0.07958 | -10.8518 |
South Korea Credit Default Swaps | CDS.South Korea | 26.75 | -0.5 | -0.75 | -1.47372 | 31.2202 | 0 | 0.00943 | -0.10084 | -0.50463 |
Export-Import Bank of Korea Credit Default Swaps | CDS.Export-Import-Bank-of-Korea | 39 | -0.5 | -0.75 | -1.11528 | 43.6042 | 0.01299 | 0.00645 | -0.025 | -0.25 |
Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | Percentile | Update |
---|---|---|---|---|---|---|---|---|---|
balance of trade | kr.balanceoftrade | 1530 | 4290 | -64 | -156 | Down | UP | 24 | 2024-04-30 |
bank lending rate | kr.banks.lendingrate | 5.17 | 5.12 | 1 | 33 | UP | UP | 78 | 2023-06-30 |
business confidence | kr.bizconfidence | 73 | 71 | 3 | 4 | UP | UP | 66 | 2024-04-30 |
capacity utilization | kr.caputilization | 102.7 | 102.4 | 0 | 3 | UP | UP | 96 | 2024-03-31 |
capital flows | kr.capitalflows | 6916.7 | 2830.2 | 144 | 479 | UP | UP | 98 | 2024-02-29 |
car registrations | kr.carregistrations | 125244 | 98253 | 27 | -14 | UP | Down | 14 | 2024-03-31 |
central bank balance sheet | kr.cb.assets | 511284 | 536402 | -5 | -8 | Down | Down | 10 | 2024-01-31 |
consumer confidence | kr.consconfidence | 100.7 | 101.9 | -1 | 12 | UP | UP | 80 | 2024-02-29 |
consumer price index cpi | kr.cpi | 113.94 | 113.77 | 0 | 3 | UP | UP | 78 | 2024-03-31 |
core inflation rate | kr.coreinflationrate | 2.42 | 2.57 | -6 | -19 | Down | Down | 34 | 2023-01-31 |
current account | kr.currentaccount | 6858.3 | 3045.7 | 125 | -965 | UP | UP | 3 | 2024-04-30 |
current account to gdp | kr.currentaccountgdp | 1.3 | 1.8 | -28 | -69 | Down | Down | 0 | 2024-01-31 |
deposit interest rate | kr.depositrate | 3.61 | 3.52 | 3 | 60 | Down | UP | 70 | 2023-05-31 |
exports | kr.exports | 56200 | 56563 | -1 | 11 | UP | UP | 71 | 2024-07-31 |
external debt | kr.externaldebt | 663631 | 649322 | 2 | 22 | UP | UP | 59 | 2023-12-31 |
fiscal expenditure | kr.fiscalexp | 520917 | 478607 | 9 | -13 | UP | Down | 12 | 2023-11-30 |
foreign direct investment | kr.fdi | 7049000 | 8771740 | -20 | 49 | Down | UP | 68 | 2024-03-31 |
foreign exchange reserves | kr.fxreserves | 419251 | 415738 | 1 | -2 | UP | Down | 31 | 2024-04-30 |
gdp | kr.gdp | 1665.25 | 1798.53 | -7 | 46 | UP | UP | 0 | 2022-12-31 |
Real GDP | kr.realgdp | 503403 | 500277 | 1 | 7 | UP | UP | 20 | 2024-03-31 |
gdp growth | kr.gdpgrowth | 1.3 | 0.6 | 117 | 117 | UP | UP | 93 | 2024-03-31 |
gdp growth annual | kr.gdpgrowthan | 3.4 | 2.2 | 55 | 79 | UP | UP | 97 | 2024-03-31 |
gold reserves | kr.goldres | 104.45 | 104.45 | 0 | 0 | Down | Down | 28 | 2024-03-31 |
government budget | kr.govbudget | -7 | -5.2 | 35 | 536 | Down | Down | 0 | 2022-01-31 |
Government budget | kr.govbudgetvalue | -19455 | -10444 | 86 | -62 | UP | UP | 31 | 2023-11-30 |
government debt to gdp | kr.govdebtgdp | 49.6 | 46.9 | 6 | 61 | UP | UP | 0 | 2022-01-31 |
government revenues | kr.govrev | 501462 | 468163 | 7 | -8 | UP | Down | 20 | 2023-11-30 |
housing index | kr.housingindex | 93.1 | 93.2 | -0 | -3 | Down | Down | 40 | 2024-02-29 |
imports | kr.imports | 54700 | 52284 | 5 | 1 | UP | UP | 56 | 2024-05-31 |
industrial production | kr.indproduction | 0.7 | 4.8 | -85 | -109 | UP | UP | 57 | 2024-03-31 |
industrial production mom | kr.indproductionmm | -3.2 | 3.1 | -203 | -168 | Down | Down | 35 | 2024-03-31 |
inflation cpi | kr.inflationcpi | 2.9 | 3.1 | -6 | -31 | Down | Down | 43 | 2024-03-31 |
interbank rate | kr.interbankrate | 3.67 | 3.67 | 0 | -1 | Down | Down | 32 | 2023-08-15 |
interest rate | kr.interestrate | 3.5 | 3.5 | 0 | 56 | UP | UP | 67 | 2023-07-13 |
loans to private sector | kr.loanprivate | 12624000 | 12544300 | 1 | 7 | UP | UP | 26 | 2024-02-29 |
Manufacturing PMI | kr.manpmi | 49.4 | 49.8 | -1 | 3 | Down | UP | 67 | 2024-04-30 |
money supply m0 | kr.msm0 | 171202000 | 171057000 | 0 | 5 | UP | UP | 24 | 2024-02-29 |
money supply m1 | kr.msm1 | 1217660 | 1223180 | -0 | 2 | UP | UP | 31 | 2024-02-29 |
money supply m2 | kr.msm2 | 3929860 | 3924200 | 0 | 3 | UP | UP | 13 | 2024-02-29 |
money supply m3 | kr.msm3 | 5414710 | 5418240 | -0 | 5 | UP | UP | 24 | 2024-02-29 |
Producer Price Index | kr.producerprices | 122.46 | 122.21 | 0 | 2 | UP | UP | 57 | 2024-03-31 |
PPI Index | kr.producerpricesch | 1.6 | 1.5 | 7 | -67 | UP | Down | 53 | 2024-02-29 |
retail sales MoM | kr.retailsales | 1.6 | -3.1 | -152 | 1500 | UP | UP | 0 | 2024-03-31 |
retail sales | kr.retailsalesan | 0.9 | -3.3 | -127 | 125 | UP | UP | 88 | 2024-02-29 |
unemployment rate | kr.unemploymentrate | 2.8 | 2.6 | 8 | 4 | UP | UP | 78 | 2024-03-31 |
youth unemployment rate | kr.ytunemploymentrate | 6.4 | 6.3 | 2 | -9 | UP | Down | 51 | 2024-02-29 |