The composite rate of labor underutilization is one of the labor underutilization indicators of the International Labour Organization (LU4 indicator) and is calculated as [(persons in time-related underemployment + persons in unemployment +
potential labor force) /(labor force + potential labor force)] x 100.
It captures the unemployment situation in a broader way by including the unemployed who are not covered by the unemployment rate, such as people who wanted employment but have not sought work in the past four weeks or people in time-related underemployment who wanted or were able to work additional hours.
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Composite labor underutilization rate of youth South Korea 2015-2024
In 2024, the composite rate of labor underutilization for people aged 15 to 29 in South Korea was approximately **** percent, showing a decrease compared to the previous year. The rate of labor underutilization among the youth in South Korea has been decreasing in recent years.
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KOSIS. (April 9, 2025). Composite rate of labor underutilization of people aged 15 to 29 years old in South Korea from 2015 to 2024 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 04, 2026, from /statistics/1229282/south-korea-extended-unemployment-rate-of-youth/
KOSIS. "Composite rate of labor underutilization of people aged 15 to 29 years old in South Korea from 2015 to 2024." Chart. April 9, 2025. ÌÇÐÄÆƽâ°æ. Accessed August 04, 2026. /statistics/1229282/south-korea-extended-unemployment-rate-of-youth/
KOSIS. (2025). Composite rate of labor underutilization of people aged 15 to 29 years old in South Korea from 2015 to 2024. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 04, 2026. /statistics/1229282/south-korea-extended-unemployment-rate-of-youth/
KOSIS. "Composite Rate of Labor Underutilization of People Aged 15 to 29 Years Old in South Korea from 2015 to 2024." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 9 Apr 2025, /statistics/1229282/south-korea-extended-unemployment-rate-of-youth/
KOSIS, Composite rate of labor underutilization of people aged 15 to 29 years old in South Korea from 2015 to 2024 ÌÇÐÄÆƽâ°æ, /statistics/1229282/south-korea-extended-unemployment-rate-of-youth/ (last visited August 04, 2026)
Composite rate of labor underutilization of people aged 15 to 29 years old in South Korea from 2015 to 2024 [Graph], KOSIS, April 9, 2025. [Online]. Available: /statistics/1229282/south-korea-extended-unemployment-rate-of-youth/
