The number of temporary workers in South Korea reported a decline of 2.4% year over year to 4.77 million in September 2022, according to data from Statistics Korea.

When compared to the previous month the number of temporary workers in South Korea was unchanged.

Labour market data from Statistics Korea showed that the unemployment rate stood at 2.4% in September, down 0.3% year-on-year. On a seasonally adjusted basis, the unemployment rate also stood at 2.8% in September 2022, down from 3.1% in September 2021.

The number of unemployed persons totalled 704,000 people in September, which decreased 52,000 persons or 6.9% year-on-year.

The number of employed persons totalled 28.38 million persons in September, which went up 707,000 persons or 2.6% year-on-year.

The employment to population ratio recorded 62.7% in September, up 1.4% year-on-year.

The economically active population marked 29.09 million persons in September, which grew 654 thousand persons or 2.3% year-on-year. The economically inactive population totalled 16.19 million people in September, decreasing 495,000 persons or 3.0% year-on-year.

At the same time, the labour force participation rate stood at 64.2% in September, up 1.2% year-on-year.