South Korea's Job Market for College Graduates Worsens…Youth Employment Rate at 44.2%, With Employment Also Falling Among Those Aged 25–29
As of 2026-08-29, South Korea's youth employment situation is moving in a different direction from the overall labor market. In July, total employment increased by 108 thousand people from a year earlier, but the employment rate among young people aged 15–29 fell by 1.6% percentage points to 44.2%, while the youth unemployment rate rose by 1.3% percentage points to 6.8%. However, the number of young people classified as 'resting' has recently declined, so not every youth employment indicator