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S. Korea’s Jobless Rate Rises in May, Job Creation Lowest in Over 8 yrs

S. Korea’s Jobless Rate Rises in May, Job Creation Lowest in Over 8 yrs

SEJONG, Jun. 15 (Korea Bizwire) — South Korea’s jobless rate rose slightly in May due to a fall in employment in the retail, manufacturing and educational service sectors, while job creation remained sluggish, government data showed Friday. The unemployment rate stood at 4 percent last month, up 0.4 percentage point from a year earlier, marking [...]

S. Korea’s Jobless Rate Edges up to 3.6 Pct in Sept.

S. Korea’s Jobless Rate Edges up to 3.6 Pct in Sept.

SEJONG, Oct. 12 (Korea Bizwire) – South Korea’s jobless rate rose in September from a year earlier due mainly to a protracted slowdown in the manufacturing sector and exports, a government report showed Wednesday.  The unemployment rate in Asia’s fourth-largest economy stood at 3.6 percent last month, compared with 3.2 percent tallied a year earlier, [...]

S. Korea’s Jobless Rate Drops to 3.5 Pct in July

S. Korea’s Jobless Rate Drops to 3.5 Pct in July

SEJONG, Aug. 10 (Korea Bizwire) – South Korea’s jobless rate dropped slightly in July from a year earlier, with the unemployment rate for young adults also declining, a government report showed Wednesday.  The unemployment rate in Asia’s fourth-largest economy stood at 3.5 percent last month, compared with 3.6 percent tallied in June, according to the [...]