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Unemployment Rate

2020-02-12 07:00
KRW
  • 3.8
  • 3.6
  • --
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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