People look over a hiring board at the Seoul Western Employment Welfare Plus Center in Mapo-gu, Seoul. /Courtesy of News1

The number of employed people in February increased by 234,000 from a year earlier, returning to an increase in the 200,000 range after one month. But youth employment remained weak, and the youth unemployment rate hit a record high in five years.

According to the Employment Trends for February 2026 that the Ministry of Data and Statistics (MODS) released on the 18th, the total number of employed people last month was 28,413,000, up 234,000 from the same month a year earlier. The increase widened from January (108,000).

The employment rate for ages 15–64 (OECD comparison standard) was 69.2%, up 0.3 percentage point (p). The unemployment rate was 3.4%, up 0.2 percentage point from a year earlier. The employment rate was a record high for the same month since statistics began in 1989, and the unemployment rate was a record high for the same month since 2022.

By age group, the number of employed people aged 60 and older increased by 287,000, leading the gains. Employment also rose among those in their 30s (86,000) and 50s (6,000), but fell by 146,000 among youth (ages 15–29).

The youth employment rate was 43.3%, down 1.0 percentage point. The youth unemployment rate was 7.7%, up 0.7 percentage point from a year earlier, the record high since 2021 (10.1%).

By industry, health and social welfare services added 288,000 jobs, driving employment growth. Transportation and warehousing (81,000) and arts, sports and recreation-related services (70,000) also posted notable increases.

In contrast, employment fell in professional, scientific and technical services (-105,000), agriculture, forestry and fisheries (-90,000), and information and communications (-42,000). The declines in professional, scientific and technical services and in information and communications were the largest since industrial classifications were introduced in 2013. Manufacturing employment (-16,000) fell for the 20th straight month, and construction employment (40,000) extended its decline to 22 consecutive months.

Among wage workers, regular employees increased by 158,000, temporary employees by 8,000, and daily workers by 39,000. Among non-wage workers, self-employed with employees (60,000) and self-employed without employees (10,000) increased, while unpaid family workers fell by 41,000.

Among the economically inactive population, those who said they were "resting" numbered 2,724,000, up 27,000 from a year earlier. People aged 60 and older who were resting increased by 76,000, leading the rise, while youth (ages 15–29) who were resting decreased by 20,000. The number of discouraged job seekers was 367,000, down 23,000 from a year earlier.

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