Jobless rate rises – December figures in South Korea *Thaiger Bite
PHOTO: Yonhap
South Korea’s jobless rate rose slightly in December from a year earlier, government data showed Wednesday, as the finance minister vowed to create 150,000 jobs this year.
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The unemployment rate stood at 3.4 percent last month, up 0.1 percentage point from a year earlier, according to the data compiled by Statistics Korea.
The number of employed people reached 26.63 million in December, an increase of 34,000 from the same month in 2017, according to the latest findings.
The unemployment rate for young adults – those aged between 15 and 29 – stood at 8.6 percent, down 0.6 percentage point from the previous year.
SOURCE: The Korea Herald
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