Jobless rate is falling each year hitting -3% in August
According to the data compiled by Statistics Korea, The number of employed people reached 27.3 million in August, a rise of 452,000 from the same month in 2018.
Sectors such as the manufacturing sector, each month lose less and less jobs, in August 24,000 jobs were lost in comparison to July when the lost jobs were triple this figure. Also the youth unemployment for those ages 15 to 29 has been falling since last year, hitting 7.2%.
> Read More
|