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Record-high unemployment benefits paid in Q1: Report

2018-04-16 0 Dailymotion

More gloomy jobs numbers have been released -- <br />A report from the Korea Employment Information Service... shows the number of people collecting unemployment benefits in the first quarter hit an all-time high.<br /> The amount of benefits paid to 628-thousand people totaled one-point-four billion U.S. dollars in the January-to-March period.<br />That's almost seven higher than a year ago and is the highest level since related data was first compiled eight years ago.<br />The report suggests it's not just because more people are applying for benefits, but reflects a real rise in unemployment. <br />

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