Country at a Glance

Flag of Republic of KoreaRepublic of Korea


Republic of Korea, selected international labor statistics, 2009–11
Indicator Unit Report Time Series 2009 2010 2011

Hourly compensation costs in manufacturing

Hourly compensation costs

U.S. dollars

HTM

XLS

14.52 16.62

Hourly direct pay

U.S. dollars

HTM

XLS

11.68 13.36

Hourly social insurance expenditures and labor-related taxes

U.S. dollars

HTM

XLS

2.85 3.27

Productivity and unit labor costs in manufacturing

Productivity (output per hour)

Annual growth rate

HTM

XLS

1.2 8.6

Output

Annual growth rate

HTM

XLS

-1.5 14.8

Hours worked

Annual growth rate

HTM

XLS

-2.7 5.7

Unit labor costs in U.S. dollars

Annual growth rate

HTM

XLS

-10.3 9.5

Labor market

Unemployment rate - Total

Percent of civilian labor force

HTM

XLS

3.6 3.7 3.4

Unemployment rate - Youth (under 25)

Percent of civilian labor force

HTM

XLS

9.8 9.8 9.6

Unemployment rate - Men

Percent of civilian labor force

HTM

XLS

4.1 4.0 3.6

Unemployment rate - Women

Percent of civilian labor force

HTM

XLS

3.0 3.3 3.1

Employment-population ratio - Total

Percent of civilian working-age population

HTM

XLS

58.6 58.7 59.1

Employment-population ratio - Men

Percent of civilian working-age population

HTM

XLS

70.1 70.1 70.5

Employment-population ratio - Women

Percent of civilian working-age population

HTM

XLS

47.7 47.8 48.1

Labor force participation rate - Total

Percent of civilian working-age population

HTM

XLS

60.8 61.0 61.1

Labor force participation rate - Men

Percent of civilian working-age population

HTM

XLS

73.1 73.0 73.1

Labor force participation rate - Women

Percent of civilian working-age population

HTM

XLS

49.2 49.4 49.7

Women's share of the labor force

Percent of civilian labor force

HTM

XLS

41.3 41.4 41.5

Gross Domestic Product (GDP)

GDP per capita

U.S. dollars

HTM

XLS

27,562 29,184

GDP per hour

U.S. dollars

HTM

XLS

23.88 25.45

GDP per employed person

U.S. dollars

HTM

XLS

57,158 59,858

SOURCE: U.S. Department of Labor, U.S. Bureau of Labor Statistics, Division of International Labor Comparisons.

 

Last Modified Date: June 12, 2012