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Number of newly-added jobs remains in 100,000-range for 5th straight month in June

2018-07-11 1 Dailymotion

The latest jobs report is out,....<br /> The figures, released this morning by Statistics Korea, show the number of newly-added jobs remained in the 100-thousand range for the fifth straight month in June.<br />This leaves the employment rate unchanged compared to the same period last year... at 67 percent.<br /> The employment situation in South Korea is the worst it has been since the 2008 global financial crisis when the jobs growth figure was stuck below the one-hundred-thousand level for a year-and-a-half. <br /> However, some positive news on the jobless rate... as it edged down thanks to a rise in employment in the healthcare and public service sectors. <br />The overall unemployment rate shed one-tenth of a percent to three-point-seven percent.<br />Better news for the nation's young people as the youth jobless rate tumbled nearly one-and-a-half percent on-year to nine percent. <br />

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