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Data from World Bank. Forecasts by Sigmanomics Forecast Engine.
South KoreaSouth Korea Unemployment (% of Labor Force) fell to 2.68 Percent in December 2025
World BankYearlyReleased December 2025
South Korea Unemployment (% of Labor Force) fell to 2.68 Percent in December 2025, down 0.1 Percent from November's 2.78 Percent reading.
Latest Release
2.683000
Actual
—
Consensus
2.784000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Moves with | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Moves with | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Moves with | → View |
| USD/JPY | ▲ Direct | +0.30 | FOREX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Unemployment (% of Labor Force) (South Korea) was reported at 2.68 Percent in December 2025. The reading fell from the previous value of 2.78 Percent. This is classified as a high-impact indicator released on a yearly basis.
WHY IT MATTERS
In December readings over the past 3 years, Unemployment (% of Labor Force) has averaged 2.71 Percent.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include S&P Global Manufacturing PMI (Aug 3) and Inflation Rate YoY (Aug 3).
Auto-generated from current model state · Refreshes on each release · Last update December 2025.
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Unemployment (% of Labor Force) - KR
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About Unemployment (% of Labor Force) — South Korea
DEFINITION
South Korea's Unemployment (% of Labor Force) fell to 2.683% in December 2025, down from November 2025's 2.784%, indicating a tightening labor market. The decline from 2.784% to 2.683% signals improved employment conditions entering 2026. Market participants will watch upcoming labor data for confirmation of this trend. Updated 5/1/26
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus typically move rates and currencies on release. Released annually.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print. Current dynamics are the primary tailwind in the projection.
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Economic Calendar - KR Events
| Saturday, August 1, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 00:00 | KR | Exports YoY | 62.8 | 70.7 | 59 | 60.90 | Medium |
| 00:00 | KR | Imports YoY | 26.5 | 30 | 26.6 | 26.55 | Low |
| 00:00 | KR | Balance of Trade | 30.32 | 36.09 | 29.59 | 29.95 | Low |
| Monday, August 3, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 00:30 | KR | S&P Global Manufacturing PMI | 52.1 | 52.5 | 52.80 | Medium | |
| 23:00 | KR | Inflation Rate MoM | 0.1 | 0.3 | 0.30 | Low | |
| 23:00 | KR | Inflation Rate YoY | 3.2 | 3.3 | 3.30 | Medium | |