Press Releases

Statistics Korea

Sep 11,2024

[Economically active population and labor force participation rate]
◦ The economically active population marked 29.365 million persons in August, which grew 114 thousand persons or 0.4% year-on-year.
◦ The labor force participation rate stood at 64.4% in August, remaining the same year-on-year.

[Employed persons and employment to population ratio]
◦ The number of employed persons totaled 28.801 million persons in August, which went up 123 thousand persons or 0.4% year-on-year.
◦ The employment to population ratio recorded 63.2% in August, up 0.1%p year-on-year.

[Unemployed persons and unemployment rate]
◦ The number of unemployed persons totaled 564 thousand people in August, which decreased 9 thousand persons or 1.6% year-on-year.
◦ The unemployment rate marked 1.9% in August, down 0.1%p year-on-year.

[Economically inactive population]
◦ The economically inactive population totaled 16.211 million people in August, increasing 48 thousand persons or 0.3% year-on-year.

※ For more information, refer to the attached file.

Attached File