Country at a Glance

Republic of Korea

Republic of Korea, selected international labor statistics, 2008–10
Indicator	Unit	Report	Time Series	2008	2009	2010
Hourly compensation costs in manufacturing
Hourly compensation costs	U.S. dollars	HTM	XLS	16.50	14.52	16.62
Hourly direct pay	U.S. dollars	HTM	XLS	13.36	11.68	13.36
Hourly social insurance expenditures and labor-related taxes	U.S. dollars	HTM	XLS	3.14	2.85	3.27
Productivity and unit labor costs in manufacturing
Productivity (output per hour)	Annual growth rate	HTM	XLS	0.7	1.2	8.6
Output	Annual growth rate	HTM	XLS	2.9	-1.5	14.8
Hours worked	Annual growth rate	HTM	XLS	2.1	-2.7	5.7
Unit labor costs in U.S. dollars	Annual growth rate	HTM	XLS	-15.4	-10.3	9.5
Labor market
Unemployment rate - Total	Percent of civilian labor force	HTM		–	3.6	–
Employment-population ratio - Total	Percent of civilian working-age population	HTM		–	58.7	–
Labor force participation rate - Total	Percent of civilian working-age population	HTM		–	60.9	–
Labor force participation rate - Men	Percent of civilian working-age population	HTM		–	72.0	–
Labor force participation rate - Women	Percent of civilian working-age population	HTM		–	50.1	–
Women's share of the labor force	Percent of civilian labor force	HTM		–	42.0	–
Gross Domestic Product (GDP)
GDP per capita	U.S. dollars	HTM	XLS	27,553	27,562	29,184
GDP per hour	U.S. dollars	HTM	XLS	23.68	23.88	25.45
GDP per employed person	U.S. dollars	HTM	XLS	56,805	57,158	59,858
SOURCE: U.S. Department of Labor, U.S. Bureau of Labor Statistics, Division of International Labor Comparisons.

Last Modified Date: December 23, 2011