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Number of newly added jobs y/y in July marks lowest in South Korea since January 2010

2018-08-17 0 Dailymotion

More disappointing figures on the jobs front for South Korea. <br />According to Statistics Korea on Friday, around 27 million people were employed in South Korea last month. <br /> That's up a mere five-thousand from the same period last year. <br />It's the first time since January 2010 that the number of newly employed people compared to the same month in the previous year has been that low. <br />In addition,... the number of new jobs added has remained in the 100-thousand range for six consecutive months in 2018.<br />This is significantly lower than last year's monthly average of additional jobs,... which stood at 316-thousand. <br />The overall jobless rate stood at three-point-seven percent in July,… up zero-point-three percentage point from the previous year. <br />

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