Labour market indicators

Unemployment rate in 2000: 4.1% (ILO data)

Working population:

Employment by sector:

Employment contracts

Salaries

National monthly minimum wage as of 09/01/02: US$ 428.46 (514,150 wons)

Average wage for a employee in the manufacturing industry in 2004: 2209 won by  month (ILO data)

Number of hours

Legal definition of full time work (per week): 44 hours

Useful links

For further informations on the labour market, check out the following web sites:

- International Labour Organization (ILO): studies, statistics and reports on working conditions and labour markets

- NATLEX : ILO database on national labour laws

- Ministry of Labor

- South Korea Labour Law Profile